The Securities and Exchange Commission (SEC) has simplified the registration process for power companies opting for initial public offering (IPO) and other forms of stock offering that they will be pursuing at the local bourse. According to the Energy Regulatory Commission (ERC), the streamlined...
Senator Raffy Tulfo deplored the sky-high charges of energy generation companies (gencos) despite the drop in prices of coal in the global price index. Compared to other countries in Asia, Philippines has one of the highest electricity costs even though the price of coal imports is all based on the...
Power utility giant Manila Electric Company (Meralco) will inject P50 billion worth of capital expenditures (capex) for the expansion of its distribution network as well as power generation facilities to support the country’s track into economic recovery post-pandemic. Meralco Chairman Manuel V....