September 29, 2014

Manila Bulletin: PSALM liabilities still ‘monstrous’ at P759B

by Myrna Velasco, September 28, 2014 Manila Bulletin The veritable monster liabilities of Power Sector Assets and Liabilities Management Corporation (PSALM) remained at a staggering P759 billion. PSALM president Emmanuel R. Ledesma Jr. has disclosed to Congress last week that as […]
September 27, 2014

Philippine Star: Meralco in talks with power producers

By Iris C. Gonzales (The Philippine Star) | Updated September 27, 2014 – 12:00am MANILA, Philippines – Manila Electric Co. (Meralco) is negotiating with power producers to contract as much capacity as it can for the summer of 2015, officials said. […]
September 27, 2014

Manila Bulletin: Editorial: How much will it cost us?

September 27, 2014 The choice before us is clear. We will have a power shortage by summer next year, estimated at 300 megawatts, which means brownouts for residents and periodic shutdowns for factories. Or, if Congress grants President Aquino’s call […]
September 26, 2014

Power Supply, Monopoly, WESM, and Tide

by David Celestra Tan an original blog post on Philippine Power Insights Like stand-up comedian Johnny Carson used to ask in his joke routine, name four things that clean you better than Clorox? Answer for Meralco consumers: Tide, Sweetheart Power […]