Elevated Labor Day power demand catches NGCP by surprise
The National Grid Corporation of the Philippines (NGCP) miscalculated the demand for power in the Luzon Grid on Wednesday, a holiday, an event that also forced the Energy Regulatory Commission (ERC) to suspend the operations of the Wholesale Electricity Spot Market (WESM).
Meralco targets generating nuclear power via MMRs in four years
The Manila Electric Co. (Meralco) is pursuing a pre-feasibility study with American firm Ultra Safe Nuclear Corp. to develop the technology for a micro-modular reactor the country can use before 2028.
Construction begins at Davao’s P19-billion SIDC project
The Department of Public Works and Highways (DPWH) on Wednesday said it has started the construction of the P19 billion Samal Island-Davao City Connector (SIDC) project.
Razon preps VCT as key player in regional maritime trade
The Visayas Container Terminal (VCT), operated by International Container Terminal Services, Inc. (ICTSI), is helping transform the Iloilo Commercial Port Complex (ICPC) into a more competitive and efficient trade gateway for Western Visayas.
Bloomberry completes P16.8 billion settlement deal with GGAM
Bloomberry Resorts Corp. of tycoon Enrique Razon Jr. said it has completed the settlement deal with Global Gaming Philippines LLC, or GGAM, with its subsidiaries’ purchase of GGAM shares in the listed gaming and resort company for P16.8 billion.
