December 13, 2019

PSALM tries to collect ₱11.5-B debts of Mindanao coops

By Myrna M. Velasco – December 12, 2019, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM), in coordination with the Department of Energy (DOE), is sorting out a strategy to collect ₱11.5 billion worth […]
December 13, 2019

PSALM reduces debt by P33b

By Alena Mae S. Flores – December 12, 2019 at 06:30 pm from manilastandard.net State-run Power Sector Asset and Liabilities Management Corp. said it reduced the outstanding financial obligation of National Power Corp. by P33.2 billion to P416 billion as […]
December 13, 2019

No funding for emergency power restoration

By Myrna M. Velasco – December 12, 2019, 10:00 PM from Manila Bulletin If consumers in typhoon-hit areas have been waiting longer for their power service to be brought back, that is because the emergency funding intended for such lacks […]
December 12, 2019

Delay seen in emergency fund for ECs

By Jordeene B. Lagare – December 12, 2019 from The Manila Times THE implementation of a new law that provides emergency funds for electric cooperatives (ECs) is hampered by insufficient funding from the government, according to the National Electrification Administration […]