ACR reports 22% rise in 2023 income
- March 16, 2024
Alsons Consolidated Resources (ACR), the publicly traded company of the Alcantara Group in Mindanao, has witnessed a 22% surge in its net income for 2023, climbing to Php 2.285 billion in 2023
Alsons Consolidated Resources (ACR), the publicly traded company of the Alcantara Group in Mindanao, has witnessed a 22% surge in its net income for 2023, climbing to Php 2.285 billion in 2023
Manila Electric Company (MERALCO) announced that 105 companies have expressed their commitment to participating in the interruptible load program (ILP), collectively contributing a total capacity of 530.10 megawatts. MERALCO Vice President and
To showcase the benefits of digitalization in its network, Manila Electric Co. (MERALCO) is set to roll out 5,000 smart meters across its franchise area after initially rolling out prepaid smart meters.
Aboitiz Power Corp. has sealed a power supply agreement (PSA) in partnership with Nexif Ratch Investments Pte. Ltd. (Nexif Ratch) as a response to the demands of customers who might want to
The country’s energy sector would have to quickly grow to support the goal of ending poverty and becoming a prosperous middle-class society by 2040, the World Bank said. In its latest report,
The Manila Electric Company (MERALCO) and Europe-based STMicroelectronics Inc. have recently launched its 115 kilovolt (kV) Gas-Insulated Switchgear (GIS) substation located at Light Industry and Science Park 2 (LISP 2) in Calamba
Semirara Mining and Power Corp. chairman and CEO Isidro Consunji said that Luzon Island’s power situations may be faced with multiple challenges in the next two years, with 2023 being the “most
After assuming the highest position in the land, President Ferdinand “Bongbong” Marcos Jr. has acknowledged that the country is facing concerns in terms of power supply and that he may leave it
Power demand levels in Luzon and Visayas have reached their peak demand at 14,380 megawatts (MW) this May, a 5.27% increase from last year’s 13,660MW. Data from the Independent Market Operator of
With the 2022 national elections fast approaching, the National Grid Corporation of the Philippines (NGCP) is keeping a close watch on the power supply situation in the country, as it remains wary