January 3, 2018

Phinma Energy to withdraw lawsuit vs Psalm after Ippa deal terminated

By Lenie Lectura – January 2, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management (PSALM) Corp. and Phinma Energy Corp. have agreed to terminate the Independent Power Producer Administrators (Ippa) agreement for the 40-megawatt (MW) strip of energy of […]
January 2, 2018

ERC faces work paralysis amid revamp

By Myrna M. Velasco – January 1, 2018, 10:01 PM from Manila Bulletin The top official of the Energy Regulatory Commission (ERC) raised fears that if drastic revamp will be instituted at the level of the agency’s Commissioners, work and decisions […]
December 30, 2017

Phinma Energy, PSALM reach deal to terminate Leyte power contract

By Alena Mae S. Flores – December 29, 2017 at 08:43 pm from manilastandard.net Phinma Energy Corp. and Power Sector Assets and Liabilities Management Corp. have agreed to mutually terminate the administration agreement for the 40-megawatt strip of energy of the Unified […]
December 30, 2017

RE won’t burden consumers

 By Alena Mae S. Flores – December 28, 2017 at 06:51 pm from manilastandard.net Energy Secretary Alfonso Cusi on Thursday allayed concerns the pursuit of clean and c will burden electricity consumers. “The RPS (Renewable Portfolio Standards) for On-Grid rules outlined various safety […]