Energy & Mining
Consunji group keen on pursuing renewable energy projects
DMCI Holdings Inc. subsidiary DMCI Power Corp. is keen on pursuing a 12-megawatt on-shore wind project in Mindoro and a separate 4-MW solar project in Masbate representing its maiden venture into the renewables sector.
Meralco secures 1,800 MW power agreements via CSP
The Manila Electric Co. (Meralco) has secured the best bids for 1,800 megawatts (MW) worth of supply from three generation companies after the completion of a competitive selection process (CSP) last week.
Unofficial estimates project power consumption rising more than 6% this year
Power consumption across the Philippines is seen rising 6.6 percent this year and requires the production of between 600 to 700 megawatts of new electricity, according to estimates by Aboitiz Power Corp.
Meralco seeking 660-megawatt CSP contracts preparatory to dry month power surge
The Manila Electric Company (Meralco) has started the Competitive Selection Process (CSP) for 660 megawatts of interim supply in preparation for the expected increase in demand during the dry months.
Commercial operation of power reserves market seen in four weeks
The Independent Electricity Market Operator of the Philippines (IEMOP) on Wednesday projected the coming online or the full commercial operation of the power reserves market before the end of the month.
