March 16, 2020

NEA collected nearly P2.3B in 2019, exceeded target

By Jordeene B. Lagare – March 15, 2020 from The Manila Times THE National Electrification Administration (NEA) has surpassed its 2019 collection target after receiving loan amortization payments of almost P2.3 billion from electric cooperatives (ECs). In a statement on […]
March 16, 2020

PSALM cuts debts, receivables

By Chino S. Leyco – March 14, 2020, 10:00 PM from Manila Bulletin The Power Sector Assets and Liabilities Management Corp. (PSALM) was able to cut its financial obligations last year and at the same time collected revenues and its […]
March 14, 2020

PSALM posts ₱98.37-B revenues in 2019

By Myrna M. Velasco – March 13, 2020, 10:00 PM from Manila Bulletin By fervidly chasing the unpaid obligations and delinquent accounts of customers, state-run Power Sector Assets and Liabilities Management Corporation (PSALM) reported that it was able to log […]
March 14, 2020

No CPCN yet for MORE on takeover of Iloilo power utility

By Myrna M. Velasco – March 13, 2020, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has clarified that Razon-led MORE Electric and Power Corporation has not been officially granted yet with certificate of public convenience and necessity […]