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After a failed bidding, the Power Sector Assets and Liabilities Management Corp. is looking to auction off anew the Unified Leyte Geothermal Power Plants in the first half.

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It’s still a long way to go before the government can complete the privatization of state-owned power assets, even after almost 13 years since Congress approved the landmark power reform law.

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                    [Title] => Aboitiz Group seeks to retain Big 3 status in power sector
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                    [Title] => Filinvest profit slips 9%
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The investment holding firm of the Gotianun family reported a single-digit drop in first half earnings amid lower trading gains of its banking unit.

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The Power Sector Assets and Liabilities Management Corp. (PSALM), the government agency tasked to privatize state-owned power assets, will rebid the selection and appointment of the Unified Leyte independent power producer administrators (IPPAs) for bulk energy, its top official said.

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                    [Title] => EDC restores another unit of Leyte power plant
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Lopez-owned geothermal firm Energy Development Corp. (EDC) has restarted another unit of its Malitbog power plant in Leyte as part of the restoration of the Unified Leyte Power Plant Complex, the single biggest source of electricity in the Visayas, which was damaged by Super Typhoon Yolanda.

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                    [Title] => No end just yet to brownouts
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Residents in franchise areas of the Visayan Electric Company (VECO) will have to deal with the rotational brownouts longer as there is no saying just yet when power will be completely restored.

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                    [Title] => EDC targets 147-MW power dispatch to Visayas grid
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UNIFIED LEYTE

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                    [Title] => EDC restores another unit of Leyte power plant
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Lopez-owned geothermal firm Energy Development Corp. (EDC) has restarted another unit of its Malitbog power plant in Leyte as part of the restoration of the Unified Leyte Power Plant Complex, the single biggest source of electricity in the Visayas, which was damaged by Super Typhoon Yolanda.

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                    [Title] => VECO exec: Phl needs new generation plants
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While a number of new projects are already underway across the country, Visayan Electric Company (VECO) raised the need to build new power plants to sustain the buoyant trajectory of the Philippine economy in the years ahead.

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                    [Title] => EDC speeds up restoration of Leyte power plants
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Lopez-owned Energy Development Corp. (EDC) has energized one unit of its Malitbog power plant in Leyte as part of the restoration of the Unified Leyte Power Plants, the single biggest source of electricity in the Visayas, which were damaged by Super Typhoon Yolanda.

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                    [Title] => No end just yet to brownouts
                    [Summary] => 
Residents in franchise areas of the Visayan Electric Company (VECO) will have to deal with the rotational brownouts longer as there is no saying just yet when power will be completely restored.

                    [DatePublished] => 2013-12-15 00:00:00
                    [ColumnID] => 0
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                    [Title] => EDC targets 147-MW power dispatch to Visayas grid
                    [Summary] => 
Energy Development Corp. (EDC), the geothermal company owned by the Lopez Group, is targeting to dispatch 147 megawatts into the Visayas grid from its Unified Leyte power plant, the single biggest source of electricity in the region, which was damaged by Super Typhoon Yolanda.

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abtest

PSALM to bid out ULGPP

January 13, 2016 - 9:00am

After a failed bidding, the Power Sector Assets and Liabilities Management Corp. is looking to auction off anew the Unified Leyte Geothermal Power Plants in the first half.

Business

PSALM eyes P152 B from unsold assets

By Iris Gonzales | November 3, 2014 - 12:00am

It’s still a long way to go before the government can complete the privatization of state-owned power assets, even after...

Business

Aboitiz Group seeks to retain Big 3 status in power sector

September 13, 2014 - 12:00am

The Aboitiz Group seeks to retain its position as one of the country’s Big Three power players in the coming years by remaining aggressive in the hunt for state-owned facilities and supply contracts that are...

Business

Filinvest profit slips 9%

By Neil Jerome C. Morales | August 14, 2014 - 12:00am

The investment holding firm of the Gotianun family reported a single-digit drop in first half earnings amid lower trading...

Business

PSALM to rebid Leyte power plant contract

By Iris Gonzales | January 30, 2014 - 12:00am

The Power Sector Assets and Liabilities Management Corp. (PSALM), the government agency tasked to privatize state-owned power assets, will rebid the selection and appointment of the Unified Leyte independent power...

Business

EDC restores another unit of Leyte power plant

By Iris Gonzales | January 18, 2014 - 12:00am

Lopez-owned geothermal firm Energy Development Corp. (EDC) has restarted another unit of its Malitbog power plant in Leyte as part of the restoration of the Unified Leyte Power Plant Complex, the single biggest source...

Business

VECO exec: Phl needs new generation plants

By Grace Melanie L. Lacamiento | January 16, 2014 - 12:00am

While a number of new projects are already underway across the country, Visayan Electric Company (VECO) raised the need to build new power plants to sustain the buoyant trajectory of the Philippine economy in the...

Freeman Cebu Business

EDC speeds up restoration of Leyte power plants

By Iris Gonzales | January 4, 2014 - 12:00am

Lopez-owned Energy Development Corp. (EDC) has energized one unit of its Malitbog power plant in Leyte as part of the restoration of the Unified Leyte Power Plants, the single biggest source of electricity in the...

Business

No end just yet to brownouts

By Mitchelle L. Palaubsanon | December 15, 2013 - 12:00am

Residents in franchise areas of the Visayan Electric Company (VECO) will have to deal with the rotational brownouts longer as there is no saying just yet when power will be completely restored.

Cebu News

EDC targets 147-MW power dispatch to Visayas grid

By Iris Gonzales | December 4, 2013 - 12:00am

Energy Development Corp. (EDC), the geothermal company owned by the Lopez Group, is targeting to dispatch 147 megawatts into the Visayas grid from its Unified Leyte power plant, the single biggest source of electricity...

Business