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The Department of Energy (DOE) and Energy Regulatory Commission (ERC) have jointly agreed to defer coming out with a decision on the rules for the controversial competitive selection process (CSP) until the first week of November.

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                    [Title] => Rules on power supply bidding out next month
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The Department of Energy (DOE) and the Energy Regulatory Commission (ERC) have committed to issue the rules for the competitive selection process (CSP) by Oct. 27 they gather more input from industry stakeholders.

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                    [Title] => Former DOE chief thumbs down third party component in CSP
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The third-party component in the implementation of the controversial Competitive Selection Process (CSP) directive of the Department of Energy (DOE) should, in fact, be scrapped, former Energy secretary Francisco Viray clarified.

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                    [Title] => Viray urges 3rd party overseer for CSP implementation
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There should be third party to oversee the implementation of the controversial Competitive Selection Process (CSP) directive of the Department of Energy (DOE) to make it work, an industry official said.

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                    [Title] => Trans-Asia profits surge 74% in H1
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Trans-Asia Oil and Energy Development Corp., the energy arm of the Phinma Group, registered a 74-percent surge in net profits in the first half of 2015 due to the strong performance of its power generation business after a power project started commercial operations in April.

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                    [Title] => Trans-Asia unit plans another wind project
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Trans Asia Renewable Energy Corp., the renewable energy arm of Trans-Asia Oil and Energy Development Corp. plans to develop another 40-megawatt wind project in Sibunag, Guimaras.

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                    [Title] => Trans-Asia to participate in oil contracting round
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Trans-Asia Oil and Energy Development Corp. is eyeing to participate in the Philippine Energy Contracting Round 5 (PECR 5), its top official said.

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                    [Title] => Trans-Asia to debut at PSE via rights offer
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Trans-Asia Petroleum Corp., a unit of Trans-Asia Oil and Energy Development Corp. is planning to undertake a stock rights offering after it completes its stock market debut.

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                    [Title] => Trans-Asia reports 36% surge in 9-mo income to P474 M
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Trans-Asia Oil and Energy Development Corp., the power generation company of the Phinma Group, reported a higher net income in the nine months to September on the back of strong electricity sales.

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                    [Title] => WB stance boosts market for alternative energy
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The new energy strategy adopted by the World Bank and European lending institutions to scale down --- if not stop -- lending to power-generating plants using coal and oil as fuel is enlarging markets for the use of alternative energy sources such as hydro, tidal, wind and solar.

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FRANCISCO VIRAY

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                    [Title] => Former DOE chief thumbs down third party component in CSP
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Trans-Asia Oil and Energy Development Corp., the power generation company of the Phinma Group, reported a higher net income in the nine months to September on the back of strong electricity sales.

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abtest