MANILA, Philippines - The Consunji Group has formed a new power company to strengthen its presence in the Philippine energy sector, which is currently dominated by some of the country’s richest clans including the Aboitiz and Lopez families.
By Iris C. Gonzales, The Philippine Star 02/21/2013 7:45 AM
The Department of Energy wants stricter monitoring and management of electric cooperatives in the country. This, as ABRECO and other cooperatives are in danger of getting cut off from the power grid due to debts.
MANILA, Philippines - Snack food manufacturer Universal Robina Corp. (URC) said it will start selling excess power to the national grid by next year as the company hopes to generate its own electricity using the by-product of its sugar business.