The Pacific Light Power Pte Ltd (PLP), a Manila Electric Co. (Meralco) affiliate company, is interested in putting up a 600-megawatt natural gas-fired power facility in Singapore.
The Taguig City Regional Trial Court (RTC) has extended by 20 days the 72-hour restraining order against the Manila Electric Co. (Meralco), preventing the power distributor from contracting 1,000 megawatts (MW) worth of power via the competitive selection process or CSP.
Electricity prices at the Wholesale Electricity Spot Market (WESM) fell in July even though there was less demand for the commodity during the period, the Independent Electricity Market Operator of the Philippines (IEMOP) said.
Palm Concepcion Power Corporation (PCPC) said that its 135-MW CFBC Power Plant in Concepcion, Iloilo is fully operational again to meet the power needs of its service area.