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LAPU-LAPUA CITY, Philippines — The Mactan Electric Company (MECO) welcomed the move of the Lapu-Lapu City Council in passing an ordinance urging the Energy Regulatory Commission (ERC) to act on the application of MECO to purchase electricity…
CEBU CITY, Philippines — Cebu City mayoral candidate, Margot Osmeña, who leads the Bando Osmeña Punodk Kauswagan (BOPK) party, promised the Business Process Outsourcing (BPO) industry of her all-out support should she win in the upcoming polls.…
AboitizPower subsidiary Visayan Electric Co. (Visayan Electric) is furthering its power restoration works after it breached its 80-percent re-energization target, with additional manpower and equipment pouring in. Visayan Electric President and Chief Operating Officer Raul Lucero announced…
CEBU CITY, Philippines — Cebu City needs power as soon as possible. This was the message of Cebu City Mayor Michael Rama to the National Grid Corporation of the Philippines (NGCP) to hasten the rehabilitation of the…
CEBU CITY, Philippines – Cebu is still without water and power supply two days after Typhoon Odette hit this island province. Edna Inocando, spokesperson of the Metropolitan Cebu Water District (MCWD), said on Saturday morning, December 18,…
WASHINGTON — President Donald Trump again declined to commit to a peaceful transfer of power if he loses the Nov. 3 presidential election. “We’re going to have to see what happens,” Trump said Wednesday at a…
CEBU CITY, Philippines — Although the coronavirus 2019 pandemic has an adverse impact on the global economy, the Aboitiz Group plans to infuse P47 billion in capital expenditure (capex) for the year 2020 to help the country’s…
CEBU CITY, Philippines—The Aboitiz Equity Ventures Inc. (AEV) and it partners will allocate P73 billion in capital expenditures (capex) for various projects involving power, infrastructure, and food in 2020. “The COVID-19 crisis created a lot of uncertainty…
Engr. Raul C. Lucero, an Aboitiz scholar who finished 8th place in the October 1990 Electrical Engineering board examinations, is the new president and chief operating officer of the Visayan Electric Company. A Professional Electrical Engineer and…
The world’s first small modular nuclear reactors (SMRs) have started delivering electricity to a coastal town in Russia, firming up their potential for use in small power grids in geographically fragmented markets such as the Philippines. According…
By a stroke of luck, a man from Minnesota survived what could have been a deadly crash of a plane through power lines. Thomas Koskovich, 65 years old, was rescued by the Scott County Sheriff’s Office last…
CEBU CITY, Philippines — Cebu Chamber of Commerce and Industry (CCCI) cites need for lower power rates to make Cebu competitive. “In pricing electricity, its the final consumer who ultimately shoulders three costs: distribution, transmission and generation,”…
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