SHELL Plc gained the most since July as it raised its dividend after posting its second-highest profit on record, even as some parts of its business showed signs of slowing. The run of historically high earnings is boosting rewards for shareholders, while also keeping the oil industry in the cross-hairs…
EDC explains high power rate in Leyte pna.gov.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pna.gov.ph Daily Mail and Mail on Sunday newspapers.
CLEAN ENERGY. The Mahanagdong geothermal power plant of the Energy Development Corp. (EDC), a unit of First Gen Corp., in Leyte. The ineligibility of the EDC to participate in the competitive selection process is the primary reason why consumers in host communities do not enjoy lower rates, an official said Friday (July 29, 2022).(Photo courtesy of First Gen) ORMOC CITY, Leyte - The ineligibility of the Energy Development Corp. (EDC) to participate in the competitive selection process (CSP) is the primary reason why consumers in host communities do not enjoy lower rates, an official said on Friday. "We really wanted to supply power in the region, but we are ineligible to participate in the CSP due to one requirement," said Erwin Magallanes, head of the corporate relations department of EDC's Leyte geothermal facility. Magallanes said he was disappointed that the EDC was disqualified to participate in the CSP in 2015 in which the Federation of Rural Electric Cooperatives (