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Right-of-way issues prompt coal-plant build cancellation
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ROW woes stalls power plants dev t, too
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The National Grid Corporation of the Philippines (NGCP) has declared that 38 firms won in the recent competitive auction for the procurement of ancillary services (AS) meant to ensure the security and stability of the country’s transmission grid. “Out of the 55 eligible bidders who participated and submitted bids, 38…
Last week Share prices rose last week, despite anemic volumes, as investors were elated by the slew of good news, such as easing inflation and the positive financial outcomes reported by listed firms. The benchmark Philippine Stock Exchange index (PSEi) gained 60.58 points to close at 6,685.66 points. The main…
ACEN Corp., the listed energy platform of conglomerate Ayala Corp., is expected to forge more investment deals abroad in the next few months. “I wouldn’t be surprised if we would announce new investments overseas this year. I can see a few projects, which should be ready for investment decision in…
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