April 3, 2017

DOE proposes to use ERD funds to avoid passed-on charges to consumers

By Philippine News Agency – April 1, 2017, 5:43 PM from Manila Bulletin Instead of passing on a 19-centavo universal charge on consumers, the Department of Energy (DOE) has proposed to use the Malampaya or Energy Resource Development (ERD) funds to […]
April 1, 2017

DOE: Malampaya fund can be used to pay NPC debts

By  Lenie Lectura – April 1, 2017 from Business Mirror The Department of Energy (DOE) strongly  urged lawmakers to pass a legislation that will allow the government to tap the Malampaya fund in paying the stranded debts of the National Power Corp. (NPC). […]
April 1, 2017

Duterte appoints new Napocor head

by Alena Mae S. Flores – March 30, 2017 at 07:40 pm from Manila Standard Today Malacañang appointed Pio Benavidez as new president of state-run National Power Corp. in place of Gladys Sta. Rita. Benavidez was appointed to the board only this month […]
March 31, 2017

PSALM resets auction of Malaya thermal-power plant

By Lenie Lectura – March 29, 2017 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has postponed the auction of the 650-megawatt Malaya thermal-power plant. The power facility was supposed to be sold on Thursday, March 30, to four interested […]