January 23, 2025

PSALM extension hurdles Senate

By Butch Fernandez – January 22, 2025 from Business Mirror The Senate approved on third and final reading Senate Bill (SB) 2837, which extends the corporate term of the Power Sector Assets and Liabilities Management Corp. (PSALM). The bill will […]
January 20, 2025

833 power firms’ plaints resolved

By Lenie Lectura – January 20, 2025 from Business Mirror THE Energy Regulatory Commission (ERC) revealed last Sunday 833 cases and motions filed by power industry stakeholders were resolved last year. The number included 484 show-cause orders (SCO). In these […]
January 16, 2025

NGCP: 4 Chinese board members not a threat

By Lenie Lectura – January 15, 2025 from Business Mirror File photo shows NGCP Substation 1 (Photo by Nonie Reyes/BM) China’s 40-percent stake in the National Grid Corp. of the Philippines (NGCP) does not mean that it has control over […]
January 15, 2025

NEA issues rules for tax exemption of electric co-ops

By Lenie Lectura – January 14, 2025 from Business Mirror THE National Electrification Administration (NEA) has laid down the criteria and parameters for electric cooperatives (ECs) who want to avail exemptions from local taxes, fees and charges in their respective […]