May 22, 2020
Published by admin at May 22, 2020
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Psalm to borrow P43 billion to pay maturing obligations

By Lenie Lectura – May 22, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (Psalm) intends to secure a P43-billion loan from the Development Bank of the Philippines (DBP) to pay for its maturing obligations this […]
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May 22, 2020
Published by admin at May 22, 2020
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Electric co-ops suffer damage worth P170m

By Manila Standard Business – May 20, 2020 at 08:30 pm from manilastandard.net The National Electrification Administration on Wednesday estimated the initial cost of damage incurred by electric cooperatives from Typhoon “Ambo” at P170 million. Based on the reports received […]
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May 22, 2020
Published by admin at May 22, 2020
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Meralco waives ‘convenience fee’

By Myrna M. Velasco – May 21, 2020, 10:00 PM from Manila Bulletin Following a correspondence sent by Energy Secretary Alfonso G. Cusi, power utility giant Manila Electric Company (Meralco) announced that it will temporarily waive the ₱47 convenience fee […]
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May 21, 2020
Published by admin at May 21, 2020
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Some coal plants defer shipments due to low power demand

By Myrna M. Velasco – May 20, 2020, 10:00 PM from Manila Bulletin A number of coal plants in the country have been deferring schedules of their coal deliveries because of declining electricity demand, not exactly a case of logistical […]
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