April 7, 2020

DoE to crack down on power plants in prolonged testing

By Adam J. Ang – April 5, 2020 | 4:25 pm from Business World          bworldonline.com THE Department of Energy (DoE) said it will more strictly enforce a two-month deadline for power facilities exceeding the allotted time for Test and Commissioning […]
April 7, 2020

ERC moves to reduce electricity transmission charge to consumers

By Lenie Lectura -April 7, 2020 from Business Mirror In Photo: An overhead power line used for electricity transmission and distribution across large distances is seen in Bulacan. Transmission charges will be reduced to P0.4701 per kilowatt-hour (kWh) this year […]
April 7, 2020

NEA remits dividends and unused subsidies

By Alena Mae S. Flores – April 05, 2020 at 07:30 pm from manilastandard.net State-run National Electrification Administration will remit around P1.35 billion of unused subsidies and dividends to the national government to support efforts to mitigate the impact of […]
April 6, 2020

PSALM pares down debt to P417.88B

By Lenie Lectura -April 6, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has reduced its principal financial obligations to P417.88 billion last February, from P422.011 billion recorded at the end of 2019. PSALM President […]