The Energy Regulatory Commission (ERC) is seeking guidance from the Securities and Exchange Commission (SEC) on the appropriate modality in the mandated initial public offering (IPO) of power generation companies (GenCos). “We are in consultation with SEC for us to be able to come up with a more...
The Department of Energy (DOE) said erring power generation companies (GenCos) are being investigated for possible collusion that resulted in brownouts this year even as it raised alarm of high probabilities of power outages until July this year. “We are already investigating these power plants...
The proposed revisions in the competitive selection process (CSP) for power supply agreements (PSAs) set the framework for unsolicited proposals or tenders that distribution utilities (DUs) may resort to on their power supply procurements. Under the draft supplemental Circular released by the...