Central Luzon is gaining momentum as the country’s next major manufacturing hub, with industrial investors increasingly drawn to locations backed by reliable power infrastructure and integrated utilities.
The Visayas power grid was placed under a yellow alert today, Tuesday, marking the seventh alert issued in the region this month due to ongoing power plant outages and reduced electricity supply.
The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) proposed P2.79-billion Laoag power quality improvement project in Ilocos Norte.
Therma South, Inc. (TSI), a subsidiary of Aboitiz Power Corporation, has signed a two-megawatt Emergency Power Supply Agreement (EPSA) with Misamis Occidental I Electric Cooperative, Inc. (MOELCI-I) to help ensure stable electricity supply in Oroquieta City and seven municipalities in the province.
Manila Electric Co. (Meralco) said its pending rate reset application before the Energy Regulatory Commission (ERC) will move forward after regulators denied a bid by consumer advocacy group National Association of Electricity Consumers for Reforms Inc. (NASECORE) to stall the proceedings.