October 24, 2022

PSALM seeks condonation of problematic receivables

By Myrna M. Velasco – October 23, 2022, 8:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is seeking the help of the national government (NG) for possible condonation of “swelling” debts of its problematic […]
October 5, 2022

NEA set to takeover Albay electric coop anew

By Myrna M. Velasco – October 4, 2022, 2:53 PM from Manila Bulletin Government-run National Electrification Administration (NEA) will take over again the operation and management of the Albay Electric Cooperative (ALECO), after the member-consumer-owners (MCOs) of the power utility […]
July 29, 2021

ECs told to pay overdue power bills

BY BIANCA CUARESMA – JULY 28, 2021 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has issued final warnings to two electric cooperatives (ECs) and a private corporation to compel them to pay over P15.01 billion […]
July 15, 2019

PSALM logs P41.58-B receivables, arrears at P25 B

By Myrna M. Velasco – July 14, 2019, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) logged record receivables of P41.58 billion, the bulk of which at P24.92 billion have been classified as delinquent […]