October 30, 2020
Published by admin at October 30, 2020
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ERC extending till year-end no-disconnection policy

By Lenie Lectura – October 30, 2020 from Business Mirror THE Energy Regulatory Commission (ERC) ordered distribution utilities (DUs) on Thursday to observe a no-disconnection policy  until end-2020 for the  nonpaying customers whose monthly consumption is less than 200 kilowatt hour […]
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September 21, 2020
Published by admin at September 21, 2020
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NPC assets sale proceeds hit P915 B

By Myrna M. Velasco – September 21, 2020, 5:00 AM from Manila Bulletin Proceeds from the sale of National Power Corporation (NPC) assets have already reached P915 billion as of end-March this year but revenue collections only hit P612.41 billion, […]
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February 24, 2020
Published by admin at February 24, 2020
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Psalm sees P1.7-B borrowing costs yearly on bad accounts

By Butch Fernandez -February 24, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (Psalm) warned it will incur an annual borrowing cost of about P1.7 billion a year should the P33.62 billion in delinquent accounts remain […]
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December 9, 2019
Published by admin at December 9, 2019
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PSALM brings down liabilities to P416B as of end-October ’19

By Lenie Lectura -December 9, 2019 from Business Mirror THE  Power Sector Assets and Liabilities Management Corp. (PSALM) has trimmed down its financial liabilities by P33.2 billion this year, bringing its outstanding balance to P416 billion as of end-October this […]
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