Transmission firm National Grid Corporation of the Philippines (NGCP) is scheduling P440 billion worth of investments that will be funneled to 211 projects to be concretized in a span of more than a decade. According to the company, the capital outlay will be spread over 13 years that will...
Start-up renewable energy (RE) firm Matuno River Development Corporation (MRDC) is advancing on to the commercial operation of its 8-megawatt hydroelectric power generating facility before the end of this year. The company announced that the run-of-river power project, which is sited in Bambang,...
Due to higher transmission charges, customers of Manila Electric Company (Meralco) will be shelling out heftier amount for their electricity bills this October, as the overall tariff of their servicing utility inched up by P0.0283 per kilowatt-hour (kWh) to P9.1374 from P9.1091 per kWh last month....
The Philippine Electricity Market Corporation (PEMC), in its capacity as governance body of the Wholesale Electricity Spot Market (WESM), is sorting out ‘refund mechanism’ on congestion charges collected from consumers in the Visayas grid. PEMC will also be taking the lead in enforcing the...
Romero-owned Fort Pilar Energy Inc. is out to challenge the dominance of the industry’s “big boys” as the company casts capacity buildup of up to 3,000 megawatts to become one of the major power sector players in the next five years. Belgrove Power photo Fort Pilar Energy Chief Executive...
More than 500,000 customers in Luzon and thousands more of Visayas customers suffered brownouts because of typhoon-induced trippings of transmission lines as well as damages incurred by power facilities. Cusi Photo As of press time, however, the Department of Energy (DOE) was not able to give...
Synergy Grid & Development Philippines Inc., which is a holding company affiliated with transmission firm National Grid Corporation of the Philippines (NGCP) is eyeing to raise more than P28.82 billion from its follow-on offering and sale of 1,053,500,000 common shares to the investing public....
Senator Risa Hontiveros on Sunday, August 15 decried the audacity at which the National Grid Corporation of the Philippines (NGCP) warned of future increases in electricity rates if it continues to contract suppliers for larger power reserves. Hontiveros said she is wondering how the NGCP is bold...
System operator National Grid Corporation of the Philippines (NGCP) sought collaboration with the industry stakeholders, primarily with the Department of Energy (DOE), on its bid to finally resolve issues hounding the country’s power system – including those on reserves, transmission facility...
A mangrove project of transmission firm National Grid Corporation of the Philippines (NGCP) in Lanao del Norte has been turned into a tourism site, the company has touted. In a statement to the media, NGCP also announced that the project was already officially declared by its host community in...
NGCP’s CSR initiatives continue to gain recognition as its mangrove project at Brgy. Kulasihan, Kolambugan, Lanao del Norte has been transformed into an ecotourism site and declared a protected area through a Sangguniang Bayan Resolution. In partnership with the Lanao Aquatic Marine Fisheries...
The customers of Manila Electric Company (Meralco) will have to brace for higher electric bills this month, as the utility firm’s overall tariff had been up by P0.2353 per kilowatt hour to P8.9071 per kWh versus P8.6718 per kWh in June. For residential end-users in the typical consumption bracket...
