May 17, 2023

First Gen unit submits winning bid for Casecnan plant

BY MYRNA M. VELASCO – May 16, 2023 05:15 PM from Manila Bulletin AT A GLANCE The successful privatization of the 165-megawatt Casecnan hydropower facility is a first key major achievement of PSALM under the Marcos administration. Fresh River Lakes […]
July 14, 2022

PSALM logs P34-B receivables from San Miguel subsidiary

By Myrna M. Velasco – July 13, 2022, 8:17 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) indicated that it is pursuing P34.04 billion worth of ‘overdue payables’ from South Premiere Power Corporation (SPPC), a […]
July 12, 2022

Casecnan hydro plant on forced shutdown since 2021

By Myrna M. Velasco – July 9, 2022, 10:40 AM from Manila Bulletin The Department of Energy (DOE) revealed that the 165-megawatt Casecnan hydropower plant had been on forced shutdown since October last year due to “unresoved issues” with the […]
August 19, 2021

No comprehensive DOE plan yet for brownout-free elections

By Myrna M. Velasco – August 17, 2021, 3:16 PM from Manila Bulletin The Department of Energy (DOE) is painting a scenario that electricity supply will be enough during the election period next year, but the supply-demand outlook it presented […]