February 13, 2024

Gov’t to turn over Casecnan hydro complex to Fresh River this month

By Alena Mae S. Flores – February 12, 2024, 7:50 pm from manilastandard.net Casecnan hydroelectric power plant The government is preparing for the ceremonial turnover of the 165-megawatt Casecnan hydroelectric power plant (CHEPP) to Fresh River Lakes Corp. (FLRC) this […]
November 14, 2023

First Gen raises P20 billion to support Casecnan plant acquisition

By Alena Mae S. Flores – November 13, 2023, 3:17 pm from manilastandard.net Casecnan hydroelectric power plant First Gen Corp. said Monday it signed term loan agreements with BDO Unibank Inc. and Bank of the Philippine Islands for P20-billion loan […]
April 12, 2023

PSALM sets minimum bid price for Casecnan plant at $227 million

By Alena Mae S. Flores – April 11, 2023, 11:29 am from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. set the minimum bid price for the sale of the 165-megawatt Casecnan hydroelectric power plant at $227 million. PSALM […]
January 30, 2023

PSALM cuts liabilities by 2.4% to P346.8 billion in 2022

By Alena Mae S. Flores January – 29, 2023, 6:20 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. said it reduced its financial liabilities by 2.4 percent in 2022 to P346.8 billion from P355.2 billion in 2021. […]