May 25, 2020
Published by admin at May 25, 2020
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Power firms seek gov’t financial aid

By Myrna M. Velasco – May 24, 2020, 10:00 PM from Manila Bulletin The country’s power generation companies (GenCos) and distribution utilities (DUs) are seeking financial assistance from the government so they can prevent collapse of operations or bankruptcies as […]
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May 24, 2020
Published by admin at May 24, 2020
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Extended payments to ruin power firms

By Alena Mae S. Flores – May 22, 2020 at 09:10 pm from manilastandard.net The country’s power generators warned Friday that extended payment flexibilities will take a toll on their operations, force them to stop new investments or close shop […]
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May 23, 2020
Published by admin at May 23, 2020
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ERC orders 6-month bill payments

By Alena Mae S. Flores – May 22, 2020 at 10:00 pm from manilastandard.net The Energy Regulatory Commission ordered distribution utilities to stagger the payments of electricity consumers to up to six equal monthly installments, depending on the level of […]
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May 22, 2020
Published by admin at May 22, 2020
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Psalm to borrow P43 billion to pay maturing obligations

By Lenie Lectura – May 22, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (Psalm) intends to secure a P43-billion loan from the Development Bank of the Philippines (DBP) to pay for its maturing obligations this […]
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