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The Department of Energy (Filipino: Kagawaran ng Enerhiya, abbreviated as DOE) is the executive department of the Philippine government responsible for preparing, integrating, manipulating, organizing, coordinating, supervising, and controlling all plans, programs, projects and activities of the Government relative to energy exploration, development, utilization, distribution and conservation.
The National Transmission Corporation (Filipino: Pambansang Korporasyon sa Transmisyon, also known as TransCo) is a Philippine government-owned and controlled corporation established in June 26, 2001 by the Electric Power Industry Reform Act (Republic Act 9136) and a corporate entity wholly owned by the Power Sector Assets and Liabilities Management (PSALM).
The power to grant national franchises is exclusively vested to the Congress of the Philippines. Distribution of electric power to all end-users or consumers of electricity may be handled by private distribution utilities, cooperatives, local government units presently undertaking this function and other duly authorized entities, under the ...
The consortium of Monte Oro Grid Resources Corp., led by businessman Enrique Razon, comprising the State Grid Corporation of China, and Calaca High Power Corp., won in an auction conducted by the Power Sector Assets and Liabilities Management (PSALM) Corp. as it submitted the highest offer of $3.95 billion, for the right to operate TransCo for ...
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(Reuters) -Boeing's shares rose 3% on Monday on hopes of an end to a crippling strike, although some analysts expressed doubts that the proposed labor contract unveiled over the weekend would ...
The Bauang Diesel Power Plant (BDPP) is a result of a build-operate-transfer (BOT) agreement between the private consortium First Private Power Corp. (FPPC) and the state-owned National Power Corporation (NPC) in 1993. FPPC was formed by Meralco, First Philippine Holdings, JG Summit Holdings and PCI Capital in response to a power crisis in the ...