Energy & Mining
Proposed BNPP privatization risks leaving PH behind regional energy peers — advocates
The Department of Energy has confirmed the national government is open to selling the mothballed Bataan Nuclear Power Plant, also referred to as the Philippine Nuclear Power Plant, to private investors, after a South Korean feasibility study found promise in reviving the long‑idle facility.
Prime Infra highlights integrated water, energy projects
Prime Infrastructure Capital Inc. is positioning integrated water and energy infrastructure as a way to tackle multiple Philippine needs with fewer, more coordinated investments, spotlighting its Wawa Bulk Water and Power Complex at the World Infrastructure Forum in Madrid, Spain.
Meralco deploys Philippines’ first 34.5-kV mobile switchgear
Manila Electric Co. (Meralco) has deployed the Philippines’ first 34.5-kilovolt (kV) mobile switchgear, giving the country’s largest power distributor a portable tool for upgrading substations while keeping customers supplied with electricity.
PCC fines PEMHI, MGen P5.8 million over reporting lapses
The Philippine Competition Commission (PCC) fined Pilipinas Enterprise Management Holdings Inc. (PEMHI) and Meralco PowerGen Corp. (MGen) P5.8 million for repeatedly missing reporting deadlines tied to their merger clearance, underscoring the regulator’s tougher stance on compliance with post-merger commitments.
AEV Q3 profit falls 54%, nine-month growth slows
Aboitiz Equity Ventures Inc. (AEV) reported a 54 percent drop in third-quarter net income to P4.1 billion from P8.9 billion a year earlier, limiting nine-month earnings growth despite stronger contributions from power and banking.
