February 8, 2022

ERC says adherence to plant outages cap ‘non-negotiable’

By Myrna M. Velasco – February 7, 2022, 4:49 PM from Manila Bulletin With alarm bells raised on highly probable rotational blackouts during the summer months, the country’s generation companies (GenCos) are being warned that breach of regulatory policy on […]
February 5, 2022

10 GenCos penalized by ERC for ‘excessive’ outages

By Myrna M. Velasco – February 4, 2022, 5:17 PM from Manila Bulletin At least 10 generation companies (GenCos) that were tagged as culprits in last year’s summer brownouts had been penalized by the Energy Regulatory Commission (ERC) for breaching […]
January 10, 2022

PSALM collects P672-B from NPC sale

By Myrna M. Velasco – January 9, 2022, 10:10 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) reported that the magnitude of privatization proceeds it collected from the divestment of National Power Corporation (NPC) assets […]
December 20, 2021

PSALM gets huge tax cuts in new EO

By Myrna M. Velasco – December 19, 2021, 9:30 PM from Manila Bulletin The newly issued Executive Order No. 157 will significantly reduce the real property tax (RPT) obligations of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) for […]