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PNOC sees 'next Malampaya' in Mindanao

PNOC sees 'next Malampaya' in Mindanao
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Mitsubishi Power Secures Three-Year Agreement To Maintain Boilers Crucial For Reliable Energy Access In Mindanao

Mitsubishi Power (Philippines) Inc. on 3 August announced a three-year long-term service agreement (LTSA) for boiler ultrasonic thickness gauging. ....

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Aboitiz Power draws on 'data analytics' for performance improvements – Manila Bulletin

Published May 18, 2021, 1:02 PM
Every summer, perhaps no topic is more controversial than when electricity supply in the country teeters at breaking point – and with cacophony of reasons, consumers get agitated with probabilities of brownouts or spikes in their electric bills.
From that industry’s recurrent shoddy cycle, Aboitiz Power Corporation bifurcates business decision –not just by simply muting the noise but by factoring in market signals for it to take the upper edge on its operational performance – and with that, it is bringing into play data science and artificial intelligence (DSAI) as the company takes a wider swing on its corporate game plans and innovations. ....

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Mitsubishi bags 3-year contract on maintenance work for Davao power plant

Published May 18, 2021, 4:05 PM
Japanese firm Mitsubishi Power (Philippines) Inc. has bagged a three-year contract for ‘reliability maintenance work’ aimed at improving the capacity availability at the 300-megawatt Therma South Inc. power plant of Aboitiz Power Corporation.
The long term service agreement (LTSA), according to Mitsubishi, took effect starting April this year and will last until April 2024; and its work will delve with “boiler ultrasonic gauging mapping inspection” at the TSI plant.
“The team’s technical expertise in CFB (circulating fluidized bed) boiler risk-based maintenance work will enhance the reliability of the power plant’s two boiler units, contributing to the provision of stable and efficient power for the Mindanao region,” the Japanese firm said. ....

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Aboitiz Power fell 27% to P12.6 billion in 2020

Published March 10, 2021, 5:00 AM
Owing it to the overall downtrend in demand last year, the core net income of listed firm Aboitiz Power Corporation dropped 27-percent last year to P12.6 billion from a relatively flourishing bottom line of P17.3 billion in 2019.
The company stated that it booked leaner non-recurring net gains of P45 million last year vis-à-vis the heftier non-recurring net gains of P702 million in 2019, “mainly due to net foreign exchange gains on the revaluation of dollar-denominated liabilities.”
Aboitiz Power emphasized that “without the one-off gains, the company’s core net income for 2020 was P12.5 billion,” which was lower by 25-percent compared to P16.6 billion the prior year. ....

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