The Philippine Independent Power Producers Association (PIPPA) reassured its commitment to collaborate with the energy sector to achieve the electrification and energy security goals mentioned by President Marcos in his fourth State of the Nation Address (SONA). In a statement, PIPPA expressed its...
President Marcos has authorized the reduction and condonation of real property taxes and penalties on power generation facilities of Independent Power Producers (IPPs) under build-operate-transfer contracts with Government-Owned-or-Controlled Corporations (GOCCs). (Noel Pabalate/MANILA BULLETIN)...
The Philippine Independent Power Producers Association Inc. (PIPPA) has thumbed down a legislative proposal that will prioritize the use of Malampaya gas on the electricity generation grind of various gas-fed power plants in the country. While there is a high level temptation to prioritize...
Energy Regulatory Commission (ERC) Monalisa C. Dimalanta will temporarily leave her office as chief regulator of the deregulated power industry to comply with the six-month suspension meted out by the Office of the Ombudsman. In a statement to the media, Dimalanta indicated that she will...
While its corporate life will already end in two years, the outstanding financial obligations of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) is still at a whopping P292.486 billion as of end-April this year. According to the company, its total debts stand at P254.6...
The Energy Regulatory Commission (ERC) is not inclined on removing the caps for the number of days allowed for maintenance shutdowns and even for the ‘forced outages’ of power plants across technologies. As sounded off by ERC Chairperson Monalisa C. Dimalanta, “it’s impossible to remove the...
An increase of P0.0846 per kilowatt hour (kWh) in the January billing cycle of Manila Electric Company (Meralco) will bring slight squeeze in the pockets of its roughly 8.0 million customers in the initial month of this year. The power utility firm announced that its tariff will climb to P11.3430...
The Christmas gift for the roughly 8.0 million customers of Manila Electric Company (Meralco) will be bundled up in their electric bills, as the overall tariff of the utility firm in its December billing cycle had been down by P0.7961 per kilowatt hour. On an all-inclusive basis, the electricity...
President Ferdinand “Bongbong” Marcos Jr. has ordered the grant of real estate tax benefits to Independent Power Producers (IPP) operating under the Build-Operate-Transfer (BOT) scheme contracts with government-owned or -controlled corporations (GOCCs). *President Ferdinand ‘Bongbong’...
Independent power producers (IPPs) in the country are asking for a permanent zero tariff on all types of coal imports from non-ASEAN countries to diversify sources of coal outside of Indonesia and ensure energy security in the country. In a presentation during the public hearing conducted by the...
