GBP donates handwashing stations in Toledo City sunstar.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunstar.com.ph Daily Mail and Mail on Sunday newspapers.
GBP breaks ground for 115-MW peak solar plant bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Published June 7, 2021, 6:00 AM
ERC hints ‘pricing play’
The country’s giant power firms have been tagged as the culprits in last week’s rotational brownouts with “forced outages’ of their power plants going beyond the time allowance prescribed by the Energy Regulatory Commission (ERC).
In a Congressional hearing on Friday, ERC chairperson Agnes T. Devanadera further hinted of “pricing play” as the secondary price cap in the Wholesale Electricity Spot Market (WESM) had been hit 418 times this year. A ‘play’ in the market angle is also being scrutinized by the regulatory body given the price spikes that will then be punishing consumers with higher electric bills.
Top management changes are being firmed up to be enforced by the end of this month at the Meralco PowerGen Corporation (MGen), the power generation arm of Manila Electric Company (Meralco), according to highly placed sources.
Jaime T. Azurin, president of Global Business Power Corporation, a
69-kV switching station to make electricity cheaper in Iloilo City mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.