July 20, 2020

ERC approves 176 power plant licenses

By Myrna M. Velasco – July 19, 2020, 10:00 PM From Manila Bulletin Even in the midst of persisting quarantine measures in the country, the Energy Regulatory Commission (ERC) has approved the issuance of 176 certificates of compliance (COCs) and […]
June 29, 2020

PSALM still has P294-B sale proceeds to collect

By Myrna M. Velasco – June 28, 2020, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) still has whopping P293.543 billion worth of power assets’ privatization proceeds to collect, according to company data. The […]
May 22, 2020

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 […]
July 24, 2019

TAKEOVER OF ELECTRIC COOPERATIVES – DOE NEEDS TO ESTABLISH RULES…QUICKLY. (Part 2)

David Celestra Tan, MSK 19 July 2019 Part 2 There are many unclear issues that any takeover by the private sector of an electric coop would be messy. It behooves the Department of Energy to establish clear rules soonest before […]