Energy
DOE presses Meralco on full compliance with power supply deal
The Department of Energy (DOE) is urging Manila Electric Co. (Meralco) to strictly comply with all provisions of its power supply agreements (PSAs), particularly the 1,200-megawatt deal with Excellent Energy Resources Inc. (EERI), amid delays in the latter’s plant commissioning and fuel supply readiness.
Fuel prices plunge: Biggest rollback of the year offers relief to motorists
Motorists are set to feel significant relief at gas stations this week as the various fuel retailers announce major rollbacks in fuel prices, the steepest thus far this year.
BDO backs KEPCO SPC to power Visayas growth
BDO Unibank Inc. (BDO), the country’s largest bank, has deepened its financial support to Cebu-based KEPCO SPC Power Corp. (KSPC), a move that highlights the crucial intersection of energy security and economic development.
Meralco rates rise amid tight supply
Manila Electric Co. (Meralco) said on Thursday electricity rates in April will rise by P0.7226 per kilowatt-hour (kWh), pushing the overall residential rate to...
First Gen powers Nippon Sanso Ingasco’s Mindanao facility
First Gen Corp. has signed an agreement with Nippon Sanso Ingasco Group (NSIG), a subsidiary of Japan's industrial gas giant Nippon Sanso Holdings, to provide power to NSIG’s manufacturing facility in Mindanao.
