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Lenie Lectura

4429 posts
A Journalism Graduate of Letran College, Lenie Lectura is a multi-awarded veteran beat reporter of highly regulated industries, telco and energy. She has been consistently named best reporter for her coverage of energy and telecommunications issues. She was also recognized for having the best feature story, which tackled the transportation issues. She has also churned out exclusive reports from all the business beats she covered.

ERC to expedite review of NPC petitions

The Energy Regulatory Commission (ERC) on Wednesday said it will fast-track its review of all pending petitions of the National Power Corp. (NPC) for its availment from the Universal Charge for Missionary Electrification (UCME) and all other similar applications involving the UCME.

Aboitiz Power secures ₧20-B loan from Landbank for RE

Aboitiz Power Corp. (Aboitiz Power), through its clean energy subsidiary Aboitiz Renewables Inc. (ARI), has secured a P20-billion loan from the Land Bank of the Philippines (Landbank) to help attain its goal of growing its renewable energy (RE) portfolio to a total of 9,200 megawatts (MW).

NGCP seeks nod to recover typhoon-related expenses

The National Grid Corporation of the Philippines (NGCP) is asking regulators to recover P177.27 million which it spent for the repair, restoration and rehabilitation of transmission assets and facilities damaged by Typhoon Odette in Visayas and Mindanao in December 2021.

Spectrum energizes solar facility

Spectrum, a wholly owned subsidiary of the Manila Electric Co. (Meralco), has energized the 98.28 kilowatt-peak (kWp) new solar rooftop facility of North Bound Infinity Real Estate and Development Inc. in Bulacan province.

Consunji: NPC owes DMCI Power P1.3B

DMCI Power Corp. (DPC) officials said state firm National Power Corp. (NPC) has yet to pay the company P1.3 billion worth of fuel that was used by power plants under the Small Power Utilities Group (SPUG) in off-grid areas.

Synergy Grid declares cash dividend for Q4

Synergy Grid and Development Philippines Inc. (SGP), the indirect controlling shareholder of the National Grid Corporation of the Philippines (NGCP), has declared a quarterly cash dividend of P0.26 per share totaling P1,369,125,160.

Aboitiz awards EPC deals to Ormat, Desco

AP Renewables Inc. (APRI), a subsidiary of Aboitiz Power Corp., has tapped Ormat Technologies Inc. and Desco Inc. as engineering, procurement, and construction (EPC) contractors for its 17-megawatt (MW) binary geothermal power plant Tiwi, Albay.

SMC offers power from Ilijan plant

San Miguel Global Power (SMGP) is offering the full 1,200 megawatts (MW) capacity of its Ilijan natural gas plant to supply the power requirements of the Manila Electric Co. (Meralco) for just a fraction of its capital cost.

Aboitiz BESS starts operations

Therma Marine Inc., a subsidiary of Aboitiz Power Corp. (AboitizPower), announced on Wednesday the start of the commercial operations of its first battery energy storage system (BESS).