State-owned PSALM declared it will decide on the privatization of the decommissioned 850MW Sucat power plant at next month’s board meeting following a second failed bid for the plant earlier this month. Read more at http://m.philstar.com/315469/show/540a5a4c466a0f2b8d6e5174d0480444?t=68sd1e1cg8dibkp16h9v6vmto6
Filinvest Development Corp. will start commissioning the first unit of its 3 x 135 megawatt coal plant in Misamis Oriental in the second quarter. Read more at http://m.philstar.com/315469/show/123eb1568dc56d78b5af96c867fa2092?t=68sd1e1cg8dibkp16h9v6vmto6
The rules governing the required competitive selection process for power supply deals between distribution utilities and generation companies take effect today. ERC reminds utilities to comply. Read more at http://m.philstar.com/315469/show/425f123b2f457e779d84c5c44bf1eaf6/?
In case you missed it: The DOE is reportedly revalidating the 800MW capacity allotted for solar development for second round FIT. Read more at http://m.philstar.com/315469/show/425f123b2f457e779d84c5c44bf1eaf6/?
Meralco Powergen, a subsidiary of Manila Electric Company (Meralco), has agreed to jointly develop a 600 MW coal fired power plant in Calaca, Batangas with Semirara Mining and Power Corp. Read more at http://m.inquirer.net/business/209926
A source close to former DOE Secretary Jericho Petilla says Petilla resigned not because of his then impending bid for the Senate but because of the appointment of Geronimo Sta. Ana to the ERC. Read more on this story at http://www.rappler.com/newsbreak/investigative/96876-inside-story-real-reason-behind-petilla-resignation