Tuesday, May 5, 2026
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Tag: power supply agreement

Meralco issues notice of claim vs SMC power unit

Power retailer Manila Electric Co. said Monday it issued a notice of claim against San Miguel Corp.’s South Premiere Power Corp. to cover the...

SMC terminates 670-MW power supply agreement with Meralco

SMC Global Power Corp., the power arm of San Miguel Corp. said Tuesday it notified Manila Electric Co. that it is ceasing the supply...

PBBM aims to stall price hikes

Targets rise in fuel, power costs to dampen inflation up until Christmas President Ferdinand Marcos Jr. said Tuesday that Malacañang is working to slow down...

ERC kicks off Ilocos Norte caravan to review power supply deals

The Energy Regulatory Commission said Wednesday it recently kicked off the power supply agreement caravan in Laoag, Ilocos Norte. ERC chairperson Monalisa Dimalanta said the...

Blackmail the consumers, bully the regulators

"Indulge me in marking them as three strikes: Deliberated with utmost consideration of their mandates; Decided not arbitrarily but through how the rationales measure...

Win: ‘Grossly unfair’ of GenCos to appeal fixed price clause of PSAs

IT’s “grossly unfair” for a Generation Company (GenCo) to appeal a temporary suspension of the “fixed price clause” in their Power Supply Agreement (PSA)...

Sen. Gatchalian: GenCos should stand by PSA commitment

IT's “grossly unfair” for a Generation Company (GenCo) to appeal a temporary suspension of the "fixed price clause" in their Power Supply Agreement (PSA)...

ERC approves FGen-Meralco contract terms

The Energy Regulatory Commission approved with finality the power supply agreement between First NatGas Power Corp., a unit of First Gen Corp., and Manila...

PSA profit windfall cushion for rainy days

"Instead of increasing the burden of consumers with another round of power rate increases, GenCos are utilizing their 2020 profit bulge to absorb the...

Pampanga electric cooperative, Vivant-led group sign supply deal

Pampanga II Electric Cooperative and a consortium led by Vivant Energy Corp. signed a 15-year power supply agreement to maintain grid stability and security...

Meralco PSAs to help consumers save P20 billion

Consumers of power retailer Manila Electric Co. are expected to generate total savings of about P20.93 billion if the 20-year power supply agreements with...

ERC grants motion of First Gen Hydro to implement P5.1908-per-kWh supply rate

The Energy Regulatory Commission granted the motion for reconsideration filed by First Gen Hydro Corp. to implement the P5.1908 per kilowatt-hour rate under its...

Vivant signs power deal with BANELCO

Vivant Energy Corp. said a subsidiary signed a 15-megawatt power supply agreement with Bantayan Electric Cooperative to address the need for a stable and...

Meralco-Solar power supply deal approved

The Energy Regulatory Commission granted interim relief to electricity retailer Manila Electric Co. to implement its power supply agreement with Solar Philippines Tanauan Corp. “The...
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