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ERC denies SMC-Meralco rate hike application

The Energy Regulatory Commission (ERC) has denied the P0.30 per kilowatt hour (kWh) rate hike that had been jointly applied for by the Manila Electric Company (Meralco) and SMC Global Power Holdings (SMCGP) of the San Miguel group. In a ruling issued by the power industry regulator on Monday,

DOE, ERC review CSP rule amid rate hike bid

THE Department of Energy (DOE) and the Energy Regulatory Commission (ERC) are reviewing the competitive selection process (CSP) policy in order to address current and future concerns on unforeseen challenges that affect electricity prices. As the policy-making body of the energy sector, Energy Secretary Raphael Lotilla said his office is carefully…

DoE lawyers up ahead of key Malampaya decisions, indigenous energy push

DoE lawyers up ahead of key Malampaya decisions, indigenous energy push
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.

Income of Vista Land rises in H1 as economy recovers

Vista Land and Lifescapes Inc., the Villar-led property development firm, said its income grew 11 percent to P4.2 billion in January to June, from last year’s P3.84 billion. Gross revenues came in at P7.97 billion for the six-month period, or just half of last year’s P16.12 billion. “We remain optimistic…

SMC power unit raises ₱40B from bond offer

SMC power unit raises ₱40B from bond offer
cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.

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