March 12, 2020
Published by admin at March 12, 2020
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Gencos must sked plant outages for 3 years

By Lenie Lectura – March 12, 2020 from Business Mirror ENERGY Secretary Alfonso Cusi has signed a department circular that requires all power generation companies to submit the schedule of their plant outages for three years. “All generating companies shall […]
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March 12, 2020
Published by admin at March 12, 2020
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NEA extends P51.6-million calamity loans to 6 co-ops hit by ‘Tisoy’

By Lenie Lectura – March 12, 2020 from Business Mirror THE National Electrification Administration (NEA) released in February this year an additional P51.596 million in calamity loans to six electric cooperatives (ECs) operating in Mimaropa, Bicol and Eastern Visayas regions. Latest data […]
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March 11, 2020
Published by admin at March 11, 2020
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SMC offers to pay PSALM P23-billion capacity fees, in advance

By Lenie Lectura -March 11, 2020 from Business Mirror SAN Miguel Corp. (SMC) chief Ramon S. Ang on Tuesday offered to pay the government in advance a whopping P22.68 billion worth of capacity fees to the Power Sector Assets and Liabilities […]
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March 11, 2020
Published by admin at March 11, 2020
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PSALM cuts 2019 debts by P15.2 billion, collects P98.4 billion

By Bernadette D. Nicolas -March 11, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) slashed its debts by 6.05 percent to P27.18 billion in 2019, bringing the outstanding principal financial obligations to P422.011 billion last […]
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