ILOILO CITY – The municipal council of Pavia, Iloilo has urged a joint venture agreement (JVA) between Iloilo Electric Cooperative-I (ILECO I) and MORE Electric and Power Corp. (MORE Power) which is set to expand to key areas of the province. A MORE Power lineman in Iloilo City. MORE Power is set...
The House Committee on Energy has begun deliberations on the finer detiails of the proposed amendments to the Electric Power Industry Reform Act (EPIRA) Law on Wednesday, Aug. 14, with the solons giving particular focus on how to strengthen...
President Marcos has approved the franchise bid of Leyte II Electric Cooperative (LEYECO II). President Ferdinand R. Marcos Jr. presides over the Private Sector Advisory Council (PSAC) meeting on Agriculture Recommendations at Malacañan Palace on Aug. 13, 2024. (Noel B. Pabalate) The move is aimed...
The Philippine Competition Commission has cleared the Consunji Group’s planned acquisition of a controlling stake in Cemex Holdings Philippines Inc. (CHP). In a disclosure to the Philippine Stock Exchange, the group said DMCI Holdings Inc., Dacon Corporation, and Semirara Mining and Power...
Manila Bulletin is set to further its commitment to promoting sustainability awareness with the launch of the first-ever Manila Bulletin Sustainability Focus Session. The event is scheduled to take place on September 24, 2024, at the Dr. Robert C. Sy Grand Ballroom, located within the Blessed...
The substantial delay in the regulatory approval of power supply agreements (PSAs) was among the factors blamed in the never-ending high electricity rates burden of the Filipino consumers – and that had been particularly manifest in this year’s summer months because many power utilities were...
Power utility giant Manila Electric Company (Meralco) will cough up fresh investments for the construction of new substations that will support the real estate buildout of Ayala Land inc. According to the power firm, the major projects it will be pursuing for the Ayala firm will be substations to...
Aboitiz Power Corp. (AboitizPower) backed the Pampanga Electric Cooperative Inc. II (PELCO) Cares Program, a medical mission organized by PELCO II for Barangay Jose Abad Santos, Guagua, Pampanga recently. A RESIDENT avails of services during a medical mission in Guagua, Pampanga supported by...
The Energy Regulatory Commission (ERC) has logged roughly P50 billion worth of aggregate savings for customers that have been availing of electricity services from the retail electricity suppliers (RES). According to ERC Chairperson Monalisa C. Dimalanta, the scale of cost savings registered by RES...
Alcantara-led Alsons Power has sealed its first retail electricity supply (RES) agreement with Holcim Philippines, Inc., a leading supplier of cement and construction aggregates in the country. In the power supply deal inked by the parties, it was stipulated that “Alsons Power will supply 80% of...
ILOILO CITY — The Supreme Court (SC) has ruled that the expansion of MORE Electric and Power Corp. (MORE Power) of the Razon group into several areas in Iloilo province is legal. A MORE Power lineman in Iloilo City. MORE Power is set to expand to more towns in Iloilo province. (Tara Yap) The SC...
It isn’t a rosy year for Consunji-led Semirara Mining and Power Corporation (SMPC), as its first half income suffered 34 percent downswing to P12.6 billion from a record P19.2 billion within the same six-month stretch in 2023 – and that was mainly precipitated by the apparent weakening of coal...
