Tag: ERC

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Dupinga Hydro Plant cleared for commercial operations

Dupinga Mini Hydro Corp. (DMHC) has secured a Certificate of Compliance (COC) from the Energy Regulatory Commission for its 5-megawatt Dupinga Run-of-River (ROR) Power Plant, paving the way for the facility’s commercial operations.

Meralco says ERC rejects NASECORE bid to stall rate reset

Manila Electric Co. (Meralco) said its pending rate reset application before the Energy Regulatory Commission (ERC) will move forward after regulators denied a bid by consumer advocacy group National Association of Electricity Consumers for Reforms Inc. (NASECORE) to stall the proceedings.

 Meralco lowers May power rates slightly

The Manila Electric Co. (Meralco) announced a modest decrease of P0.0151 per kWh in electricity rates for May, bringing the typical household rate to P14.3345 per kWh, down from P14.3496 in April.

Maharlika consortium rolls out P2.1B microgrids nationwide 

A private consortium is ramping up rural electrification with a P2.1-billion investment to deploy one of the Philippines’ largest portfolios of off-grid microgrids, targeting underserved island communities.

ERC expands lifeline discounts for low-income power users

Low-income electricity consumers are set to get bigger relief on their power bills after regulators approved a new, uniform national lifeline subsidy.

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DOE halts bidding of key coal areas; new regulatory framework planned

The Department of Energy (DOE) has terminated the bidding process for pre-determined coal resource blocks under the 2026 Philippine Conventional Energy Contracting Program (PCECP), to make way for a stronger, fairer evaluation system aligned with national interests.

Richli Water completes water treatment plant in Bohol

Richli Water Inc. (RWI), a local water distribution utility, has completed construction of the Bugwak Sevilla Water Treatment Plant in Bohol—a key infrastructure project set to boost the province’s water security and cut reliance on groundwater sources.

Filipinas blank Hong Kong, boost Asian Games QF bid

The Philippines’ national women’s football team blanked Hong Kong, 2-0, on a cool Thursday night at Gifu Nagaragawa Stadium in Japan, moving closer to the Asian Games quarterfinals with a performance built on efficiency rather than territorial dominance.

Yuchengco seeks SEC withdrawal of broker-director term limit rule; challenges mandate in court 

Former Philippine Stock Exchange chair Ma. Vivian Yuchengco is urging the Securities and Exchange Commission (SEC) to withdraw a circular that sets term limits for the bourse’s broker-directors, stating the move weakens fundamental corporate governance principles and shareholder rights. In her statement, Yuchengco emphasized that good governance depends on directors earning and retaining shareholders’ trust, while regulators must respect that electoral choice. She noted that repeated re-election should not be dismissed by the SEC, but rather reinforces the commission’s duty to clearly justify why such a choice should be overridden. Along with fellow director Eddie Gobing, Yuchengco has also filed a petition with the Court of Appeals to have the rule declared unconstitutional; both bring extensive board experience, with Yuchengco having served 28 years and Gobing 25 years.

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