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+ Follow PANAY POWER CORP Tag
PANAY POWER CORP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1546217
                    [Title] => Meralco inks deal for Visayas power supply
                    [Summary] => 

The country’s largest power distributor Manila Electric Co. (Meralco) has inked power supply deals with two independent power producer (IPP) administrators in Visayas to augment capacity this coming summer.

[DatePublished] => 2016-01-25 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1534428 [Title] => Meralco plans to bid out 250-MW peaking power [Summary] =>

Manila Electric Co. (Meralco) is eyeing to conduct a competitive bidding for nearly 250-megawatt (MW) of capacity to augment peaking power supply in its franchise area in time for summer of 2016.

[DatePublished] => 2015-12-19 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20151220/meralco-5.jpg ) [2] => Array ( [ArticleID] => 1412224 [Title] => Meralco, 2 others seek new power supply deals [Summary] =>

Three power companies are seeking the nod of the Energy Regulatory Commission (ERC) for supply agreements seen to help augment the tight power situation in the first half of the year.

[DatePublished] => 2015-01-13 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 48774 [Title] => Lagdameo leads protest rally vs Iloilo coal-fired power plant [Summary] => [DatePublished] => 2008-03-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1711399 [AuthorName] => Ronilo Pamonag [SectionName] => Nation [SectionUrl] => nation [URL] => ) [4] => Array ( [ArticleID] => 315189 [Title] => Now, back to the basics [Summary] => There was a euphoric prediction of prospects for 2006. But this soon gave way to a focus on the basic problems, such as the P1-million heist of a Columbia Marketing Corp. in Hda. Carmenchika Grande in Antipolo, Pontevedra town last Dec. 29.

That holdup, where the take involved about P1 million in cash and checks, reportedly involved seven bonnet-wearing gunmen who reportedly peppered two trucks of Columbia Marketing, prompting the collector and his helper to scurry out for cover.
[DatePublished] => 2006-01-05 00:00:00 [ColumnID] => 136001 [Focus] => 0 [AuthorID] => 1771372 [AuthorName] => THE SOUTHERN BEAT By Rolly Espina [SectionName] => Nation [SectionUrl] => nation [URL] => ) [5] => Array ( [ArticleID] => 314148 [Title] => ERC assures impartiality on PECO rate hike petition [Summary] => The Energy Regulatory Commission (ERC) has made the assurance that it remains impartial on the rate petition recently filed by the Panay Electric Co. Inc. (PECO).

ERC chairman Rodolfo Albano Jr. said the commission stands to its mandate to balance the interests of both the electricity consumers and electricity providers.

Albano was disputing the accusation of the Freedom from Debt Coalition-Iloilo Chapter (FDC-Iloilo) that "the ERC can easily be pressured by mere pronouncements of power blackouts."
[DatePublished] => 2005-12-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 311843 [Title] => ERC defends Panay electric cooperative [Summary] => Energy Regulatory Commission (ERC) chairman Rodolfo Albano Jr. has dismissed allegations that Panay Electric Co. (PECO) should be blamed for the possible power outages in Iloilo.

Albano was reacting to reports that Panay Power Corp. (PPC) will likely shut down its operation on Dec. 15 because of the ERC’s decision on PECO’s unbundling rates application, pegging its generation rates to National Power Corp. (Napocor) rates.
[DatePublished] => 2005-12-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 212206 [Title] => First Holdings, Filinvest Land retain credit rating [Summary] => The country’s leading credit rating agency Philippine Rating Services Corp. has maintained its PRS Baa rating for First Philippine Holdings Corp.’s (FPHC) P800- million long-term commercial papers maturing between November this year and January 2004.

PRS Baa refers to "Neither highly protected nor poorly secured" while interest payments and principal security appear adequate at present, certain elements may be lacking or characteristically unreliable over any great length of time.
[DatePublished] => 2003-07-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 211809 [Title] => Metrobank group goes into power biz with buyout of Panay Power [Summary] => Metrobank subsidiaries First Metro Investment Corp. and Global Business Holdings Inc. (GBHI) have jointly entered into an agreement to acquire the entire equity interest in power generation company Panay Power Corp.

Panay Power Corp. is majority owned by First Generation Holdings Corp. (First Gen), which is a wholly-owned subsidiary of listed company First Philippine Holdings Corp. (FPHC).

Panay Electric Co., the utility distribution company operating in Iloilo, is the recipient of power generated by Panay Power.
[DatePublished] => 2003-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 96570 [Title] => Napocor earns P133 M from spot sales [Summary] => The National Power Corp. (Napocor), the country’s largest power producer, reported yesterday an income of P132.8 million from its one-day power sales (ODPS) scheme in the first two months this year, 56 percent higher than the P85.1 million recorded in the same period in 1999.

ODPS project manager and Napocor head for operations planning and protection department Alberto Guanzon attributed the increase to the entry of new bidders, namely Globe Paper Industries, Goodyear Tires and Noa’s Arc Inc.
[DatePublished] => 2001-03-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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