May 28, 2024

PSALM reduces financial obligations

By Manila Standard – May 27, 2024, 7:45 pm The Power Sector Assets and Liabilities Management Corp. (PSALM) said it reduced its liabilities to P283.65 billion as of March 31, 2024 from the 2003 peak of P1.24 trillion. It said […]
February 27, 2024

First Gen saves costs by acquiring operational Casecnan facility

By Alena Mae S. Flores – February 26, 2024, 8:18 pm from manilastandard.net First Gen Corp. of the Lopez Group said Monday it saved on costs and time from building a new power plant by acquiring the 165-megawatt Casecnan Hydroelectric […]
February 26, 2024

PSALM receives Casecnan payment from First Gen unit

By Alena Mae S. Flores – February 25, 2024, 7:35 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. (PSALM) received on Friday the payment for the 165-megawatt Casecnan Hydroelectric Power Plant (CHEPP) from Fresh River Lakes Corp. […]
February 13, 2024

Gov’t to turn over Casecnan hydro complex to Fresh River this month

By Alena Mae S. Flores – February 12, 2024, 7:50 pm from manilastandard.net Casecnan hydroelectric power plant The government is preparing for the ceremonial turnover of the 165-megawatt Casecnan hydroelectric power plant (CHEPP) to Fresh River Lakes Corp. (FLRC) this […]