Energy & Mining
Electric cooperatives draw loans worth P900M from NEA
The bulk of financial assistance extended by the National Electrification Administration (NEA) to electric cooperatives (ECs) as of end-October this year beefed up their capital structure.
‘Bulk or 80 percent of Meralco charges are pass-through’
The Manila Electric Co. (Meralco) has rejected notions that its corporate behavior and practice rather than the broad economy as a whole are to blame for such conditions as the country's supposed inability to pull off large batches of foreign investments.
Metrobank supports ACEN renewable energy expansion program with P5B loan
Metropolitan Bank & Trust Co. (Metrobank), one of the country’s largest, has signed a P5 billion loan with ACEN, the listed energy platform of the Ayala group, to fund renewable energy expansion projects across the country.
Six bidders vie for 1,800 MW Meralco requires by December next year
Six power generation companies want a piece of the 1,800 megawatts of electricity that the Manila Electric Co. (Meralco) is sourcing under an ongoing competitive selection process or CSP.
Diesel price eases by P3 per liter as gasoline, kerosene move lower
The cost of petroleum products are set to drop a second time this week beginning past midnight Tuesday.
