Tag: AboitizPower

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Negros Power, AboitizPower deal fast tracks post-Tino recovery

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.

AboitizPower profit climbs in 3Q on strong hydro, higher margins

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.

Thunder Consortium wins CBK Hydro bid

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.

AboitizPower gets nod to list fixed-rate bonds on PDEx

Aboitiz Power Corp. said it has secured approval from the Philippine Dealing and Exchange Corp. (PDEx) to list the first tranche of its retail...

300 MW Meralco, AboitizPower EPSA ends

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.

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GMA seeks analog‑TV shutdown delay, cites unresolved viewer aid plan

GMA Network Inc. has filed a request with the National Telecommunications Commission (NTC) to push back the scheduled analog television shutdown, saying key rules for a government support program meant to protect households are still not in place.

Business, labor groups push supply diversification amid China tensions

Philippine business and labor groups are urging the government to reduce the country’s exposure to China by diversifying suppliers, expanding trade links and rebuilding domestic manufacturing capacity, warning that diplomatic friction can quickly become an economic problem.

More MRT‑3 trains roll out ahead of holiday rush; EDSA Busway upgrades also underway

The Department of Transportation has deployed three extra train sets for the Metro Rail Transit Line 3 starting Monday to boost capacity and ease crowding as Metro Manila braces for heavier holiday‑season commuter traffic.

DOT taps BINI, Alden to turn fandom into tourism

The Department of Tourism is tapping the drawing power of BINI and actor Alden Richards to promote Philippine destinations, linking pop culture with regional diplomacy, heritage and cycling tourism.

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