May 26, 2023

Only ERC can audit our system operations—NGCP

By Lenie Lectura – May 26, 2023 from Business Mirror The National Grid Corporation of the Philippines (NGCP) said Thursday the Energy Regulatory Commission (ERC) is the sole agency that could conduct an audit on its system operations. NGCP on […]
May 25, 2023

Only ERC may do system operations audit – NGCP

BY MYRNA M. VELASCO – May 24, 2023 06:01 PM from Manila Bulletin Transmission firm National Grid Corporation of the Philippines (NGCP) objected to the planned audit by the Department of Energy (DOE) and two other state-run companies – the […]
April 18, 2023

PSALM cuts debt by ₧18.39B in Q1

BY LENIE LECTURA – APRIL 18, 2023 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) trimmed its debts by P18.39 billion to P328.37 billion in the first quarter. At end-March, the state firm’s principal debt stood […]
March 23, 2023

PSALM mulls 25-year concession for Agus-Pulangui plants

BY MYRNA M. VELASCO – Mar 22, 2023 12:01 AM from Manila Bulletin AT A GLANCE The Agus-Pulangui complex is the biggest hydropower facility in the country PSALM plans 25-year concession deal for its privatization The approval of Congress is […]