BoC raises P22.9M from confiscated Rolls-Royce Cullinan auction
The Bureau of Customs raised P22.952 million from the auction of a seized 2021 Rolls-Royce Cullinan, bringing total public auction revenues to P146.677 million…
· 1 MIN READ
Topic
auction
Latest Daily Tribune news and analysis on auction.
Hijacking the system
SMPC said electricity rates could come under pressure if the bidding leads to a production halt by July next year, while saying it is weighing legal options to…
· 3 MIN READ
PetroWind locks in 20-year tariff
Yuchengco-led PetroWind Energy Inc. secured a guaranteed tariff of P5.7555 per kWh for 20 years for its 13.56-MW Nabas 2 wind project in Aklan, marking the…
· 2 MIN READ
PSALM puts Diliman property on sale for P11.09B
PSALM is seeking at least P11.09 billion from the auction of nearly four hectares of prime government land in Diliman, Quezon City, with bids due on 24…
· 2 MIN READ
Meralco power auction clears at below P5.60/kWh
Meralco secures 600 MW of baseload power at below P5.60 per kWh, with three generators set to supply customers under 15-year contracts starting in 2028.
· 2 MIN READ
BoC auction nets P33.5 million
The negotiated sale was livestreamed as part of efforts to promote transparency and public accountability.
· 1 MIN READ
DoE targets diesel-free islands with green power auction
The Department of Energy is preparing a green energy auction to replace diesel-powered electricity generation in remote islands with hybrid renewable energy…
· 2 MIN READ
DoE targets December offshore wind auction
The Department of Energy moves the fifth Green Energy Auction to December after a two-month review aimed at resolving permitting issues and strengthening…
· 2 MIN READ
DOE targets December offshore wind auction
The Department of Energy is resetting its fifth Green Energy Auction for 1 December, aiming to procure 3,300 MW of fixed-bottom offshore wind for delivery…
· 2 MIN READ
GEAP-backed solar plant comes online in Mindanao
The Tantangan Solar Power Project in Sultan Kudarat has begun supplying electricity to Mindanao, adding renewable energy capacity that can power around 68,000…
· 1 MIN READ
GEAP-backed solar plant comes online in Mindanao
A GEAP-backed solar power plant in Sultan Kudarat, Mindanao has begun supplying clean electricity, boosting renewable energy capacity for around 68,000…
· 1 MIN READ
ERC says thin competition, not collusion, drove GEA-3 bids
The Energy Regulatory Commission says clustered bids in the Philippines’ GEA-3 renewable energy auction were driven by thin competition, not collusion, citing…
· 3 MIN READ
Bag made from T-Rex cells fails to sell at auction
It’s 100 percent skin. And at the same time, it comes from an animal that went extinct 67 million years ago.
· 1 MIN READ
BIR forgoes taxing electric bill components
The BIR ruling removes the risk of unnecessary costs being baked into electricity bills by clarifying that the collections are merely passing through…
· 2 MIN READ
Consumers spared extra tax sting on subsidy, RE charges
Philippine electricity consumers avoid extra VAT and withholding tax on lifeline subsidies and renewable energy charges, after the BIR rules that Lifeline…
· 2 MIN READ
ERC sets P9.30/kWh price tag for WTE push
The nearly P9.30/kWh rate reflects the high cost of developing and operating pioneer Waste-To-Energy facilities, including specialized combustion equipment,…
· 2 MIN READ
Georgia uncorks Stalin’s wine collection
The Soviets seized the Imperial Romanov collection after the 1917 Russian Revolution.
· 2 MIN READ
