Number of bidders for Mindanao Coal drops to 6
THE number of companies interested to bid for the 200-megawatt (MW) Mindanao Coal-Fired Thermal Power Plant (Mindanao Coal) has significantly decreased after the firms... Read More
Bidders for output of Steag-Aboitiz plant in Misamis Oriental down to 6
MANILA – The bidders for the 210-megawatt power output of the Mindanao coal fired power plant has been reduced to six, according to Power... Read More
PNoy admin has fixed PH power supply woes – DOE
Despite the fact that the electricity sector is now entirely private sector-driven, the Aquino administration can lay claim that the power supply dilemmas in... Read More
FDC earnings rise 19% to P3.5 billion
Filinvest Development Corporation (FDC) net income grew 19 percent to P3.5 billion in the first half of 2015 from P2.9 billion in the same... Read More
Alliance Global, FDC register higher profits
Conglomerates Alliance Global Group Inc. and Filinvest Development Corp. reported higher profits in the first half of 2015, boosted by the expansion of the... Read More
Filinvest H1 net income grows 17% to P3.4B
Filinvest Development Corp. (FDC), the listed conglomerate of the Gotianun family, has recorded a net income of P3.4 billion in the first six months... Read More
Filinvest H1 profit rise 19% to P3.5B
Filinvest Development Corporation (FDC) said its net income grew 19 percent to P3.5 billion in the first half of 2015, as its revenues increased... Read More
FDC’s six-month net profit up 19% to P3.5B
GOTIANUN-led conglomerate Filinvest Development Corp. expanded six-month net profit by 19 percent year-on-year to P3.5 billion led by higher earnings from the property businesses. Read More
PSALM includes lock-in period for Mindanao Coal’s IPPAs
THE Power Sector Assets and Liabilities Management Corp. (PSALM) board has agreed to include a lock-in period in the contract terms for the selection... Read More
PSALM includes lock-in period for Mindanao Coal’s IPPAs
THE Power Sector Assets and Liabilities Management Corp. (PSALM) board has agreed to include a lock-in period in the contract terms for the selection... Read More
DOE forecasts 3,108-MW total capacity for Mindanao by 2016
The Department of Energy (DOE) said it expects Mindanao to have a total power supply of 3,108 megawatts (MWs) by 2016. Read More
Trans-Asia to supply power to Region 8 electric coops
Ormoc City, Leyte – The Energy Regulatory Commission (ERC) last July 29 conducted a public hearing on the power supply agreement between Leyte-V Electric... Read More
Critics slam President Aquino for excluding power woes in Sona
COUNCILOR Teodulfo “Bong” Lao, chairman of the City Council committee on energy, said he did not like the 2015 State of the Nation Address... Read More
Filinvest studies bid for railway PPP
THE Filinvest Group of the Gotianun family said it is considering a potential bid for the government’s biggest public-private partnership (PPP) contract to date,... Read More
Mindanao grid incurs shortfall in power supplies
DAVAO CITY -- Several power plants in Mindanao, with combined capacity of 320 megawatts (MW), are undergoing maintenance and servicing, putting the Mindanao grid... Read More
Filinvest to grow hotel portfolio to 5,000 keys in five years
FILINVEST Development Corp. (FDC) wants to build its hotel portfolio to 5,000 keys in five years’ time, rebranding on Tuesday a joint venture with... Read More
Volunteers go to Buhay Punlaan nursery
Filinvest Development Corp. Utilities Inc. (FDCUI) volunteered for a nursery activity in Haribon Foundation’s Buhay Punlaan Nursery. Read More
More hydro power to boost M’danao supply
THIS was the daunting challenge made by Environmental Management Bureau (EMB 10) regional director Sabdullah Abubacar, PhD, to the 49 youths “baptized” as the... Read More
Moresco-1 wants additional power rate hike
MISAMIS Oriental Rural Electric Service Cooperative-1 (Moresco-1) customers, who already saddled with a 53-centavo increase since January, will soon have to pay seven centavos... Read More
49 youths ‘baptized’ as ‘green’ ambassadors
THIS was the daunting challenge made by Environmental Management Bureau (EMB 10) regional director Sabdullah Abubacar, PhD, to the 49 youths “baptized” as the... Read More