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Philippines
Sunday, June 16, 2024

Alena Mae S. Flores

Meralco lowers power rates this June, higher bills still coming in succeeding months

Power retailer Manila Electric Co. (Meralco) said consumers can expect a significant reduction in rates amounting to 1.9623 per kilowatt hour in June despite...

Bigtime fuel price hike in the offing

The Department of Energy (DOE) warned of a big time oil price hike of as much a P1.90 per liter next week due to...

DOE streamlines approval process for RE projects

The Department of Energy (DOE) said it simplified the application process for renewable energy (RE) development to help establish greater ease of doing business...

Increased power rate of P12/kWh starts this month

Consumers of Manila Electric Co. (Meralco) would have to brace for higher rates by P0.6436 per kilowatt hour in their June bills due higher...

First Gen awards LNG contract to Tokyo Gas

First Gen Corp. of the Lopez Group said Thursday it awarded a contract to TG Global Trading Co. (Tokyo Gas) for the supply of...

Alternergy secures P5.3-b RCBC loan for Alabat wind farm

Alternergy Holdings Corp. (Alternergy) said Thursday its unit Alabat Wind Power Corp. (AWPC) secured a P5.3-billion financing to partially fund the construction of its...

ERC approves staggered payment for DU purchases at WESM

The Energy Regulatory Commission (ERC) on Thursday approved the staggered payment of Wholesale Electricity Spot Market (WESM) purchases by distribution utilities (DUs) for four...

ERC allows Meralco to get 910 MW from SMC subsidiary

The Energy Regulatory Commission allowed Manila Electric Co. to get power supply amounting to 910 megawatts from the 1,200-MW Ilijan natural gas plant of...

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