Tag: #generation companies
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Senator seeks lifting of IPO requirements on power companies to lure more market players
Senator Sherwin Gatchalian is seeking passage of a measure that would open up the country’s electricity market by lifting the public offering requirement provision in the Electric Power Industry Reform Act or EPIRA Law to lure more generation companies into investing in the Philippines.
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DOE orders GenCos to ensure power supply during vaccination
The Department of Energy (DOE) is tightening its grip on the power generation companies (GenCos), so they can guarantee sufficient power supply as the Covid-19 vaccination program in the country gains traction.
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ERC revises fin’l capability standards’ for GenCos
The Energy Regulatory Commission (ERC) has instituted revisions in the ‘financial capability standards’ that generation companies (GenCos) must comply with, primarily in ensuring their operational viability.