^
+ Follow ALAN T Tag
ALAN T
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 485637
                    [Title] => Meralco eyes loan for broadband project
                    [Summary] => 

Power utility giant Manila Electric Co. (Meralco) plans to borrow to finance a proposed broadband over power lines project.

[DatePublished] => 2009-07-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 484631 [Title] => DMCI submits highest bid for Calaca [Summary] =>

DMCI Holdings Inc. of the Consunjis submitted the highest offer for the controversial 600-megawatt (MW) coal-fired power plant in a bidding conducted yesterday by the Power Sector Assets and Liabilities Management Corp. (PSALM).

[DatePublished] => 2009-07-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 484632 [Title] => Meralco eyes P15-billion profit this year [Summary] =>

Power utility giant Manila Electric Co. (Meralco) is projecting its income to substantially increase to P15 billion this year from only P3.1 billion in 2008, a company official said.

[DatePublished] => 2009-07-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 467611 [Title] => Nominee for Meralco independent director withdraws [Summary] =>

MANILA, Philippines – The Manila Electric Co. (Meralco) said yesterday one of the three nominees for the two slots reserved for independent directors has backed out, virtually assuring the election of the two other candidates.

[DatePublished] => 2009-05-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 359850 [Title] => Aguilar replaces Ortiz as TransCo head [Summary] => Arthur Aguilar, general manager of state holding firm National Development Co. (NDC), officially took over yesterday as president of National Transmission Corp. (TransCo).

Aguilar replaced Alan T. Ortiz just two months before the expected bidding of TransCo concession on Nov. 7.
[DatePublished] => 2006-09-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 359662 [Title] => TransCo income up to P10.8B as of July [Summary] => The National Transmission Corp. (TransCo) has recorded a net income of P10.84 billion as of end-July 2006, 10 percent more than the earnings registered in the same period in 2005. 

TransCo president Alan T. Ortiz said the favorable earnings performance for the first seven months of the year shows strong indication that the company would be able to exceed its P16.14-billion earnings in 2005. 
[DatePublished] => 2006-09-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 358998 [Title] => More TransCo units get ISO certification [Summary] => The National Transmission Corp. (TransCo) said more of its units have received ISO certifications for quality management.

TransCo president Alan T. Ortiz said the latest recipients of the international seal of quality management are the company’s various offices in its Quezon City headquarters.

These offices consist of the Office of the General Counsel, Power System Reliability Group, Corporate Planning Group, Finance Group, Administration Department and Human Resources Department.
[DatePublished] => 2006-09-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 356286 [Title] => US-Canadian group starts due diligence on TransCo [Summary] => A partnership between Hydro-Quebec and SNC Lavalin will start a due diligence any time this week to signal its bid for the 25-year concession for the National Transmission Corp. (TransCo) assets, well-placed sources said.

TransCo president Alan T. Ortiz confirmed that a group from Canada and the United States will conduct its due diligence process on TransCo soon.
[DatePublished] => 2006-09-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 354102 [Title] => TransCo, Meralco set to ink P700-M purchase contract [Summary] => The National Transmission Corp. (TransCo) and the Manila Electric Co. (Meralco) is set to finalize an agreement for the purchase by the latter of more than P700 million worth of sub-transmission assets (STAs).

TransCo president Alan T. Ortiz said the sale will be made in two tranches of almost equal amounts.

"If the sale is consummated, it would be the single biggest STA purchase," Ortiz said.
[DatePublished] => 2006-08-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 354005 [Title] => TransCo profit seen dropping to P15B [Summary] => State-run National Transmission Corp. (TransCo) is expecting its net income to drop to P15 billion in 2007 from a projected earnings of P17 billion to P20 billion this year, a top TransCo official said.

TransCo president Alan T. Ortiz said the P15 billion was based on the maximum allowable revenue (MAR) approved by the Energy Regulatory Commission (ERC).

The TransCo chief, however, said they expect the level of profitability to improve again in two years time.
[DatePublished] => 2006-08-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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