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Mindanao power situation back to normal by June, says exec

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The power situation in Mindanao is expected to normalize by June 4, when all power plants in the grid are set to operate normally, according to government officials.

Posted: March 14th, 2014 in Latest Business Stories | Read More »

Transco sells subtransmission assets worth P5B

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State-run National Transmission Corp. (Transco) has sold P5.3 billion worth of subtransmission assets to various power distribution companies in line with its privatization program.

Posted: January 4th, 2013 in Headlines | Read More »

Meralco secures ERC nod to buy Transco assets

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Manila Electric Co., the country’s biggest power distributor, has secured regulatory approval to acquire eight subtransmission assets owned by the government through the National Transmission Corp. (Transco) for P85 million.

Posted: June 11th, 2012 in Headlines | Read More »

Transco moves to resolve ROW claims of Mindanao landowners

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State-run National Transmission Corp. (Transco) has requested the Pilipinas Para sa Pinoy (PPP) to present documents that would support the right-of-way claims of the 87 landowners in Mindanao that it was representing.

Posted: April 3rd, 2012 in Editor's Pick,Headlines | Read More »

P5.3B of Transco assets privatized to date

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State-run National Transmission Corp. (Transco) has sold to date about P5.3 billion worth of subtransmission assets to qualified power distribution utilities since it began its privatization program in 2004, according to the Energy Regulatory Commission.

Posted: February 3rd, 2012 in Headlines | Read More »

Transco sale of grid assets breaches P4B mark

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MANILA, Philippines—State-run National Transmission Corp. (Transco) has sold P4.08 billion worth of subtransmission assets to qualified power distribution utilities, since it began its privatization program in 2004. As of April 30 this year, Transco has signed 83 sale contracts with 66 distribution utilities, electric cooperatives (ECs) or consortia, according to the 18th Status Report on [...]

Posted: October 3rd, 2011 in Latest Business Stories | Read More »

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