Stay informed of the latest happenings and headlines in the Philippine Power Industry with Mabuhay Energy’s Weekly News Spotlight! This week, we're featuring key articles from the Power Industry’s Regulatory sector that are shaping the energy landscape: Spotlight: 𝐃𝐎𝐄 𝐠𝐫𝐚𝐧𝐭𝐬 𝐟𝐢𝐫𝐬𝐭 𝐜𝐨𝐚𝐥 𝐞𝐱𝐩𝐥𝐨𝐫𝐚𝐭𝐢𝐨𝐧 𝐩𝐞𝐫𝐦𝐢𝐭 𝐢𝐧 𝐁𝐀𝐑𝐌𝐌 In collaboration with the Ministry of Environment, Natural Resources, and Energy (MENRE), the DOE said it has granted the Coal Operating Contract (COC) for a pre-determined area (PDA) within the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). Filipinas Systems, Inc. (FSI), a unit of the construction firm FF Cruz & Co., Inc., has been awarded the contract to explore coal in Kapai and Tagoloan II in Lanao del Sur. Under the contract, FSI plans to invest approximately P19 million in a two-year exploration program. READ MORE: https://mb.com.ph/2024/10/24/doe-grants-first-coal-exploration-permit-in-barmm 𝐃𝐎𝐄 𝐮𝐫𝐠𝐞𝐝 𝐭𝐨 𝐟𝐨𝐜𝐮𝐬 𝐨𝐧 𝐩𝐨𝐰𝐞𝐫 𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧 The Department of Energy (DOE) should focus on the development of power generation projects in implementing the Energy Virtual One-Stop Shop (EVOSS) system to help ensure steady supply and reduce electricity costs in the country, according to Senator Sherwin Gatchalian. Once fully implemented, EVOSS is expected to reduce processing time of permits for energy projects by around 269 days, bringing average processing time to only 85 days depending on the location and type of generation facility. READ MORE: https://malaya.com.ph/business-news/corporate/doe-urged-to-focus-on-power-generation/ Image Source: MindaNews, Malaya Business Insight Do you want to stay abreast of the headlines in the Philippine Power Industry? Subscribe to our weekly newsletter today! Talk to our energy professionals by sending an email to info@mabuhayenergy.com. Mabuhay Energy, #YourPartnerForGrowth