December 31, 2020

FIT-All rate increase for RE to greet consumers

By Myrna M. Velasco – December 31, 2020, 5:00 AM from Manila Bulletin Electricity consumers will be greeted with a “Happy New Year rate hike” as they will need to pay more as subsidy to renewable energy (RE) projects via […]
December 8, 2020

PSALM earmarks P3.7-B for dismissed NPC employees

By Myrna M. Velasco – December 7, 2020, 7:00 AM from Manila Bulletin The 17-year wait is finally over for the dismissed employees of state-run National Power Corporation (NPC), as the Power Sector Assets and Liabilities Management Corporation (PSALM) already […]
September 21, 2020

NPC assets sale proceeds hit P915 B

By Myrna M. Velasco – September 21, 2020, 5:00 AM from Manila Bulletin Proceeds from the sale of National Power Corporation (NPC) assets have already reached P915 billion as of end-March this year but revenue collections only hit P612.41 billion, […]
June 1, 2020

FIT fund shortfall seen

By Myrna M. Velasco – May 31, 2020, 10:00 PM from Manila Bulletin Despite the ₱7.325- billion balance reported as of end- May, the feed-in-tariff allowance (FIT-All) fund for renewable energy (RE) developments is projected to suffer deficiency this year […]