After the successful bidding to privatize the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants, the government and private-sector players may next look forward to another public-private partnership (PPP) in rehabilitating the decades-old Agus-Pulangi hydropower complex in Mindanao. Power...
The Department of Energy (DOE) will be locking horns with system operator National Grid Corporation of the Philippines (NGCP) to resolve the “ mismatch ” in the country’s transmission development game plan, to ensure that the grid actually delivers where the capacities are needed....
State-backed Maharlika Investment Corporation (MIC) is muscling up its energy game, as it just recently brought in former National Power Corporation (NPC) President Ma. Gladys Cruz-Sta Rita in its executive team as Vice President of Investment Management Group, a strategic hire that could help beef...
The Department of Energy (DOE) has prequalified at least eight (8) bidders in the scheduled competitive selection process (CSP) or tendering for the electrification of at least 98 off-grid sites covering 15,645 households. These firms which will be joining the Microgrid Service Provider (MGSP)...
Finance Secretary Benjamin E. Diokno is urging the National Power Corp. (NPC) to improve access to electricity in remote communities. During the NPC's 87th Anniversary, Diokno reminded the company of its mission to provide electricity to remote areas and islands in the Philippines and assured them...
State-run National Power Corporation (NPC) and its foreign development-partners have gained traction on rural solar photovoltaic (PV) installations that are set to benefit at least four electric cooperatives (EC) in Visayas and Mindanao grids. Via the Access to Sustainable Energy Programme (ASEP)...
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) is preparing the terms for the auction next year of the propounded 25-year concession deal for the rehabilitation of the 932-megawatt Agus-Pulangui hydropower assets in Mindanao. According to PSALM President Dennis Edward A....
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) will be chasing P25.1 billion worth of receivables from distribution utilities (DUs) or electric cooperatives (ECs) with delinquent payments in their power supply over the years. According to PSALM President and CEO Dennis...
An additional credit line of P10 billion for state-run National Power Corporation (NPC) is planned for next year to prevent blackouts in the off-grid areas it has been servicing. According to Energy Secretary Raphael P.M. Lotilla, the new amount will be on top of the P5 billion that had been...
Lotilla directs NPC’s 'exit' plan from fossil fuels By MYRNA M. VELASCO A gradual and well-calculated exit plan from diesel generating sets and other fossil fuels has been directed by Energy Secretary Raphael P. M. Lotilla on state-run National Power Corporation. In line with that mandate, the...
State-run National Power Corp. (Napocor) plans to further expand capacity in missionary areas, after registering more than sixfold increase in the past five years, the Department of Finance (DOF) reported. In a DOF statement, Napocor Officer-in-Charge (OIC) Senior Vice President and Chief Operating...
