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.
The Department of Transportation (DOTr) has ordered stronger, disinfection, and pest control measures across the Manila Metro Rail Transit System Line 3 (MRT-3) after a passenger reported seeing a cockroach inside a train car on social media.
NLEX Corporation has started major improvement works on the Meycauayan River Bridge along the North Luzon Expressway to upgrade the road surface and fix potential potholes before the rainy season.
Globe Business has achieved full International Organization for Standardization (ISO) certification for its customer experience and service operations, setting a new benchmark for reliability, security, and quality in the country’s business-to-business (B2B) sector.
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is positioning its Pacific-facing ecozone as a future logistics and maritime gateway, betting that its location in northeastern Luzon could unlock new trade flows along the Philippines’ underutilized eastern seaboard.