November 21, 2022

ERC starts scrutiny of power supply deals

By Myrna M. Velasco – November 19, 2022, 10:23 AM from Manila Bulletin The Energy Regulatory Commission (ERC) has kicked off review of prevailing power supply agreements (PSAs) between generation companies and the distribution utilities (DUs), primarily the electric cooperatives […]
November 17, 2022

ERC launches PSA caravan in Laoag

BY LENIE LECTURA – NOVEMBER 17, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has launched a PSA (Power Supply Agreement) Caravan in Laoag, Ilocos Norte to gain a good understanding of the challenges encountered by the distribution utilities […]
October 28, 2020

PSALM issues final demand payment for P671 M to 2 errant firms — DOF

By Chino S. Leyco – October 28, 2020, 6:00 AM from Manila Bulletin The Power Sector Assets and Liabilities Management Corp. (PSALM) has sent out final letters of demand for payment to two companies with long overdue obligations with the government, […]
August 12, 2019

PSALM to 11 electric co-ops: Remit P238-M UC collection

By Rea Cu & Manuel T. Cayon – August 12, 2019 from Business Mirror AT least P238.3 million in universal charge (UC) collections from consumers was unremitted to the Power Sector Assets and Liabilities Management Corp. (PSALM) by 11 electric […]