Having posted record sales of roughly 9.0% in the first half and with cash stream from additional generated capacities, power utility giant Manila Electric Company (Meralco) has scaled up its profit goal to P43 billion for the entire year from its initial target of P40 billion. Meralco Chairman...
Lights on? or lights off? That’s not one of the typical ‘fast talk’ questions being thrown by a country’s well-known television host, rather, that is a state of the country’s power supply that primarily distressed Filipino consumers in this year’s summer months. In the third State of...
The ‘energy insecure’ state of Luzon grid lingers, as system operator National Grid Corporation of the Philippines (NGCP) declared second wave of ‘yellow alert’ condition in the country’s biggest power grid this week. The state of ‘yellow alert’, which entails insufficiency of power...
By MYRNA M. VELASCO End-users shifting to the net metering scheme on gaining electricity service had grown by more than double last year and has been sustaining its escalated pace, according to the Energy Regulatory Commission. In a presentation to the media, ERC Chairperson Monalisa C. Dimalanta...
The nation’s economic agency is partnering with the Bangsamoro’s development group to improve the projects and programs in the region. The National Economic and Development Authority (NEDA) signed a memorandum of agreement with the Bangsamoro Planning and Development Authority (BPDA) to aid the...
The Department of Energy (DOE) is counting on the commercial fruition of roughly 13,000 megawatts (MW) of committed power projects for the country to ultimately get out from the ‘wobbly state’ of its electricity supply. As explained, committed capacity would refer to projects that are already...
PacificLight Power Pte Ltd (PLP), a subsidiary of the Meralco PowerGen Corporation (MGen), has cornered a deal on the provision of 100 megawatts (MW) of ‘fast start’ generation capacity for the Singapore electricity market. The supply deal had been awarded by the Energy Market Authority (EMA),...
In the absence of readily available capacity that it can procure via power supply agreement (PSA) underpinned by competitive selection process (CSP), power utility giant Manila Electric Company (Meralco) indicated that it will be left with no choice but to secure 260 megawatts (MW) of its required...
Via its partnership with the National Engineering Center of the University of the Philippines (UP-NEC), the National Electrification Administration (NEA) will fortify the competencies of the electric cooperatives (ECs) on matters relating to operational planning as well as in managing financial...
CEB restores 92% of pre-pandemic capacity By EMMIE V. ABADILLA Cebu Pacific (CEB) has restored 92 percent of its pre-pandemic system-wide capacity and now averages 355 flights a day, covering 34 domestic and 19 international destinations, equivalent to about 64,000 seats daily. To date, CEB has...
The Department of the Interior and Local Government (DILG) has initiated trainings and seminars to further educate local officials of Pateros of their authority in the exercise of quasi-judicial functions’ based on the law. “The training, as part of #GabayLokal, is one of the major technical...
NKTI facade (FILE PHOTO) The National Kidney and Transplant Institute (NKTI) announced that its Emergency Room (ER) already reached full capacity, urging patients to go to other health facilities for the time being. In an advisory, the NKTI said that most of their patients being managed at their...
