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Monday, 05 May 2025, 7:02 am

    Tag: Meralco

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    300 MW Meralco, AboitizPower EPSA ends

    Energy Context.ph Context.ph -
    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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    ERC greenlights ancillary services deals bolstering grid stability

    Energy 0
    The Energy Regulatory Commission (ERC) has approved nine ancillary services procurement agreements (ASPAs) between the National Grid Corporation of the Philippines (NGCP) and several major power producers— a move expected to enhance grid stability and spur investment confidence in the country’s energy sector.

    NNIC chief pledges aid to victims of NAIA Terminal 1 crash

    Transport & Communications 0
    New NAIA Infra Corp. (NNIC) president Ramon S. Ang has extended immediate support to the victims of the vehicular accident that took place earlier today at the departure level of Ninoy Aquino International Airport (NAIA) Terminal 1, committing to shoulder medical expenses and provide financial assistance to the affected families.

    Chinabank considers divesting Taguig property acquired from Dennis Uy

    Corporate 0
    China Banking Corp. (Chinabank) is preparing to sell a prime 14-hectare property in Taguig City recently acquired from Chelsea Logistics and Infrastructure Holdings Corp., a firm led by Davao-based businessman Dennis Uy.

    Inflation could fall to 1.3% in April, raising prospects for rate cuts

    Top News 0
    Inflation data, due to come out on Monday, is projected to ease further in April 2025, with the Bangko Sentral ng Pilipinas (BSP) forecasting a possible low of 1.3 percent, marking a continuation of the disinflation trend and strengthening the case for monetary easing later this year.

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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    ADB expands food security funding to $40B, citing economic and climate pressures

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    The Asian Development Bank (ADB) has significantly increased its commitment to food and nutrition security across Asia and the Pacific, announcing an additional USD26 billion in support through 2030. This brings the institution’s total food security funding to USD40 billion over the 2022–2030 period.
    Energy

    ERC greenlights ancillary services deals bolstering grid stability

    0
    The Energy Regulatory Commission (ERC) has approved nine ancillary services procurement agreements (ASPAs) between the National Grid Corporation of the Philippines (NGCP) and several major power producers— a move expected to enhance grid stability and spur investment confidence in the country’s energy sector.
    Transport & Communications

    NNIC chief pledges aid to victims of NAIA Terminal 1 crash

    0
    New NAIA Infra Corp. (NNIC) president Ramon S. Ang has extended immediate support to the victims of the vehicular accident that took place earlier today at the departure level of Ninoy Aquino International Airport (NAIA) Terminal 1, committing to shoulder medical expenses and provide financial assistance to the affected families.
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