Energy & Mining
Meralco may be facing new round of rate refunds
A former top official of the Energy Regulatory Commission (ERC) claimed the Manila Electric Co. (Meralco) may cough up or regurgitate as much as P150 billion in customer refunds on top of automatic rate reductions based on a re-computation of its weighted average cost of capital (WACC).
NGCP asked to stretch power grid lines over residential area it sought to avoid
The Iloilo Grain Complex Corp. (IGCC) has asked the National Grid Corporation of the Philippines (NGCP) again to consider rerouting a 1.7-kilometer stretch of power lines over a residential area instead of over an open space that the timber and agriculture support company has succeeded in tangling up with its successful bid to stop the enforcement of a writ of possession from the Supreme Court.
Bright Christmas
After three Christmas seasons, the Manila Electric Company (Meralco) reopens its iconic Liwanag Park to bring holiday cheers in Metro Manila as Filipinos usher...
NGCP interconnection projects suffer from binding restraints, hopefully temporary
An injunction issued by the Supreme Court has hobbled efforts by the National Grid Corporation of the Philippines (NGCP) to connect the island of Guimaras to Panay via a 138-kilovolt (kV) interconnection line.
ACEN taps undisclosed lender for P20B loan
ACEN Corp. has tapped a bank for P20 billion earmarked for general corporate and for its renewable energy projects but declined to identify the lender.
