First Gen Corp., the power generation flagship of the Lopez Group, said Monday it awarded a contract to CNOOC Gas and Power Trading & Marketing Ltd. for the delivery of 130,000 cubic meters of liquefied natural gas after a recent tender.
The country’s installed capacity at the grid grew by a meager 0.12 percent in 2023 compared to 2022, with coal still dominating the power mix, data from the Department of Energy (DOE) show.
Alsons Consolidated Resources Inc. (ACR) subsidiary Conal Holdings Corp. (CHC) is seeking Energy Regulatory Commission (ERC) approval to connect its power plant in Bohol to the Visayas grid.
The National Grid Corporation of the Philippines (NGCP) is hopeful the legal impediment preventing Line 2 of the 500-kiloVolt Hermosa-San Jose (HSJ) transmission line in Bataan lifts and the system energized.