May 28, 2024

PSALM reduces financial obligations

By Manila Standard – May 27, 2024, 7:45 pm The Power Sector Assets and Liabilities Management Corp. (PSALM) said it reduced its liabilities to P283.65 billion as of March 31, 2024 from the 2003 peak of P1.24 trillion. It said […]
April 4, 2024

First Gen eyes new sites for RE projects in Nueva Ecija

By Alena Mae S. Flores – April 3, 2024, 7:50 pm from manilastandard.net Clean energy provider First Gen Corp. said Tuesday it identified several areas around its hydroelectric power plant complex in Pantabangan, Nueva Ecija as potential sites for developing […]
February 27, 2024

First Gen saves costs by acquiring operational Casecnan facility

By Alena Mae S. Flores – February 26, 2024, 8:18 pm from manilastandard.net First Gen Corp. of the Lopez Group said Monday it saved on costs and time from building a new power plant by acquiring the 165-megawatt Casecnan Hydroelectric […]
February 26, 2024

PSALM receives Casecnan payment from First Gen unit

By Alena Mae S. Flores – February 25, 2024, 7:35 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. (PSALM) received on Friday the payment for the 165-megawatt Casecnan Hydroelectric Power Plant (CHEPP) from Fresh River Lakes Corp. […]