December 20, 2021
Published by admin at December 20, 2021
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PSALM gets huge tax cuts in new EO

By Myrna M. Velasco – December 19, 2021, 9:30 PM from Manila Bulletin The newly issued Executive Order No. 157 will significantly reduce the real property tax (RPT) obligations of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) for […]
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December 20, 2021
Published by admin at December 20, 2021
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WESM suspended due to power oversupply during typhoon

By Marielle C. Lucenio - December 17, 2021 | 7:31 pm from Business World The Energy Regulatory Commission (ERC) suspended the Wholesale Electricity Spot Market (WESM) late Thursday after oversupply conditions on the grid during typhoon Odette (Intenational name: Rai). The […]
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December 18, 2021
Published by admin at December 18, 2021
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Lopez powers 3 CamSur islands

By Myrna M. Velasco – December 17, 2021, 5:16 PM from Manila Bulletin Lopez-led FP Island Energy Corporation, a subsidiary of First Philippine Holdings Corporation (FPHC), has made possible the long-desired reliable electricity services in at least three island-domains in […]
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December 18, 2021
Published by admin at December 18, 2021
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NEA, not PSALM, to resolve power supply issues — DOF

By Lee C. Chipongian – December 17, 2021, 4:11 PM from Manila Bulletin Finance Secretary Carlos Dominguez III categorically stated that the National Electrification Administration (NEA) and not the Power Sector Liabilities and Management Corp. (PSALM) should be the Default […]
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