Meralco power rates up in June; several power plants defer P500 million in charges
Manila Electric Co., the country’s largest electricity distributor, on Thursday said power rates in June will increase by P0.6436 per kiloWatt-hour, raising the overall...
Empire East plans P25 billion capital spending over next 5 years
Empire East Landholdings Inc., the residential development subsidiary of property giant Megaworld Corp., is earmarking at least P25 billion for capital expenditures over the...
Alternergy secures P5.3 billion project financing for 64-MW Alabat wind project
Renewable power pioneer Alternergy Holdings Corp. said its indirect subsidiary Alabat Wind Power Corp. has secured a P5.3 billion project finance loan from Rizal...
First Gen awards LNG supply contract to Tokyo Gas
First Gen Corp., a prominent player in the energy sector and a subsidiary of the Lopez Group, has awarded a contract to
Tokyo Gas, through...
Meralco explains why June charges have not yet been delivered to your mailbox
The Energy Regulatory Commission (ERC) has directed distribution utilities (DUs) in Luzon and the Visayas to impose the generation charge against consumers only on the basis of a final, rather than a preliminary determination of rates from the Independent Electricity Market Operator of the Philippines (IEMOP).
