May 13, 2020

PSALM pares power sector debts by ₱27 B

By Myrna M. Velasco – May 12, 2020, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) was able to trim power sector debts by ₱27 billion last year to ₱422.01 billion as of end-December […]
April 24, 2020

PSALM remits P46.07 million to 6 local governments

By Lenie Lectura -April 23, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) said it has remitted SNW (Share in National Wealth) benefits amounting to P46.07 million to six local government units (LGUs). PSALM directly […]
March 11, 2020

EPIRA bars D.O.E., TransCo from auditing us–NGCP

By Lenie Lectura -March 11, 2020 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) said Tuesday that it would not agree to the proposed comprehensive system operations audit to be conducted by the Department of Energy (DOE) […]
March 11, 2020

PSALM cuts 2019 debts by P15.2 billion, collects P98.4 billion

By Bernadette D. Nicolas -March 11, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) slashed its debts by 6.05 percent to P27.18 billion in 2019, bringing the outstanding principal financial obligations to P422.011 billion last […]