March 11, 2020

EPIRA bars D.O.E., TransCo from auditing us–NGCP

By Lenie Lectura -March 11, 2020 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) said Tuesday that it would not agree to the proposed comprehensive system operations audit to be conducted by the Department of Energy (DOE) […]
March 11, 2020

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 […]
March 11, 2020

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 […]
March 10, 2020

ELECTRICITY IN ILOILO STABLE PAST 9 DAYS—MORE POWER; P.E.C.O. APPEALS TO E.R.C.

By BusinessMirror – March 10, 2020 SUPPLY of electricity in Iloilo City has been notably stable and reliable for the past nine days since More Electric and Power Corp. (MORE Power) took over certain distribution assets of Panay Electric Co. […]