Energy & Mining
WawaJVCo powers up pumping station with PrimeRES Deal
WawaJVCo, a subsidiary of Prime Infrastructure Capital Inc. (Prime Infra), has contracted PrimeRES Energy Corp. to supply retail electricity to the Upper Wawa Pumping Station, marking a milestone in the Wawa Bulk Water Supply Project.
SMC power arm backs P50B loan for Bataan Power
San Miguel Global Power Holdings Corp., the energy subsidiary of conglomerate San Miguel Corp. (SMC), has stepped in as sponsor and security grantor for a massive omnibus loan and security agreement worth up to ₱50 billion, benefiting its affiliate Mariveles Power Generation Corp.
ERC seeks public input on GEA-4 reserve prices
The Energy Regulatory Commission (ERC) is calling for public comments on its proposed reserve prices for the upcoming fourth round of the Green Energy Auction (GEA-4), a key initiative to support the Philippines’ transition to cleaner energy.
NGCP wheeling rates rise 4.81% in March; transmission charges climb 11.51%
The National Grid Corporation of the Philippines (NGCP) announced a 4.81 percent increase in its transmission wheeling rates for the March 2025 billing period, a development expected to impact the power cost structures of distribution utilities and electric cooperatives nationwide.
DOE presses Meralco on full compliance with power supply deal
The Department of Energy (DOE) is urging Manila Electric Co. (Meralco) to strictly comply with all provisions of its power supply agreements (PSAs), particularly the 1,200-megawatt deal with Excellent Energy Resources Inc. (EERI), amid delays in the latter’s plant commissioning and fuel supply readiness.
