Negros Power has secured a five-year, 20-megawatt baseload supply contract with Aboitiz Power Corp.’s Therma Visayas, a deal expected to fortify energy security as Central Negros works to fully recover from Typhoon Tino’s damage.
Aboitiz Power Corp., the power generation and distribution unit of the Aboitiz Group, posted a net income of P10.6 billion in the third quarter, a 5 percent gain from the year-earlier period, driven mainly by improved margins from its generation segment.
Aboitiz Power Corp. said its wholly-owned subsidiary, Aboitiz Renewables, Inc., has received confirmation from the Power Sector Assets and Liabilities Management Corp. (PSALM) that the Thunder Consortium has been awarded the sale and privatization of the Caliraya-Botocan-Kalayaan (CBK) Hydroelectric Power Plant Complex.
The power distributor Manila Electric Co. (Meralco) is now compelled to temporarily procure supply from the Wholesale Electricity Spot Market (WESM) as the contracted emergency power supply agreement (EPSA) with Aboitiz Power Corp. worth 300 megawatts (MW) ended on Wednesday.
Manila Electric Co., the country’s largest listed distribution utility better known as Meralco, is proving that powering the good life means powering a workplace where everyone belongs.
Globe Telecom is calling for quicker action from local government units on telecommunications permits, saying lingering delays remain a key barrier to expanding internet and mobile service—especially to far-flung and underserved communities. While recent reforms have yielded early results, bureaucratic inertia continues to slow down the rollout of critical infrastructure.
Christmas is coming, and with it, the annual homecoming of thousands of overseas Filipinos eager to reunite with their families, enjoy familiar food, visit favorite destinations, and celebrate the holidays in the Philippines.
The Philippines will showcase investment opportunities across the critical-minerals value chain at Australia’s largest mining conference, seeking to attract capital that can transform its mineral resources into higher-value industries and strengthen its position in global supply chains.