News and Events

Power troubles ease for Mindanao but holidays at yearend raise demand

DAVAO CITY — Mindanao’s power supply situation improved yesterday with the resumption of STEAG State Power, Inc.’s full operation of its two coal-fired power plants with a combined capacity of 205 megawatts (MW), but the main grid remains 127 MW short of peak demand. Read More

FDC Misamis seeks ERC approval

FDC Misamis Power Corp. has sought the approval of the Energy Regulatory Commission (ERC) to develop and operate dedicated point-to-point limited facilities to connect its coal-fired power plant to the Mindanao grid. Read More

DOE may defer auction of Mindanao coal plant

THE Department of Energy (DOE) has proposed anew to hold off the November auction for the selection and appointment of the Independent Power-Producer Administrator (IPPA) for the bulk energy of the 200-megawatt (MW) Mindanao Coal-Fired Thermal Power Plant (Mindanao Coal). Read More

PSALM to delay STEAG sale until supply stabilizes

THE GOVERNMENT plans to defer the auction for the contracted capacity of the STEAG coal-fired plant until the supply situation in Mindanao stabilizes. Read More

AboitizPower taps partner in bid for coal plant deal

ABOITIZ Power Corp. (AboitizPower) said it has tapped another investor to together bid for the contracted capacity of a Mindanao coal plant, which will be auctioned off by the government in November. Read More

Lagarde not surprised with Ceneco board’s decision

BACOLOD City – Reinstated Central Negros Electric Cooperative (Ceneco) general manager Sulpicio Lagarde Jr. said he is not surprised by the decision of the board of directors to reinstate him in the payroll only. Read More

AboitizPower to bid for Mindanao coal plant IPPA

ABOITIZ Power Corp. (AboitizPower) has expressed interest to bid for the contract to manage the output of the 210-megawatt (MW) Mindanao coal-fired power plant in Misamis Oriental Antonio Moraza, AboitizPower president and chief operating officer said they are partnering with Filipino firm La Filipina for the bid. Read More

AboitizPower taps partner in bid for coal plant deal

ABOITIZ Power Corp. (AboitizPower) said it has tapped another investor to together bid for the contracted capacity of a Mindanao coal plant, which will be auctioned off by the government in November. Read More

Power firms to co-bid for Mindanao Coal’s Ippa

ABOITIZ Power Corp. and La Filipina Uy Gongco Corp. will jointly bid for the selection and appointment of the Independent Power Producer Administrator (Ippa) for the bulk energy of the 200-megawatt Mindanao Coal-Fired Thermal Power Plant (Mindanao Coal). Read More

Aboitiz, Uy Gongco join forces

Aboitiz Power Corp. teamed up with flour producer La Filipina Uy Gongco Corp. to bid for the right to manage the 210-megawatt output of the Mindanao coal fired power plant in November. Read More