State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has P27.140 billion receivables from South Premiere Power Corporation (SPPC), a company under San Miguel group that served as independent power producer administrator (IPPA) of the 1,200-megawatt Ilijan gas-fired power plan
The depleting Malampaya field lost the 1,200-megawatt Iljan plant as a major gas-offtaker (buyer) of its output starting this June 6, as the buyer will no longer renew its expiring gas supply and purchase agreement (GSPA) with the consortium led by Shell Philippines Exploration B.V. The Ilijan plan
The Department of Energy (DOE) indicated that out of the seven liquefied natural gas (LNG) projects with government permits, only two gas import facilities may actually reach completion while four others are experiencing delays and another one already dropped from the race. In a briefing with th
HEARD IT THROUGH THE GRIPEVINE: OUR NEW ABNORMAL
May 9 is less than two months away, that day when we troop to the election booths and choose our next President. And from where I sit, it looks like it’ll be a scorching hot summer day when emotions will be running high, and our immediate future will
The bid of South Premiere Power Corporation, a subsidiary of SMC Global Power, has been declared the "winning offer" in the 170-megawatt supply procurement of Manila Electric Company (Meralco) that will satiate its peaking power needs especially during the summer months. According to the third p