August 23, 2023

PSALM to pursue P25-B receivables from ‘delinquent’ DUs

BY MYRNA M. VELASCO – Aug 22, 2023 03:40 PM from Manila Bulletin AT A GLANCE To reinforce its cash hoard, the state-owned firm is banking on the collection of P152.4 billion worth of deferred payments from divested power facilities, […]
July 12, 2023

NEA signs agreement with electric co-ops to create Task Force Metro

By Alena Mae S. Flores – July 11, 2023, 7:50 pm from manilastandard.net The National Electrification Administration and Mindanao electric cooperatives and EC associations signed a tripartite agreement to create Task Force Metro to resolve the metering problem in the […]
December 31, 2022

Mindanao electricity market to start operations on Jan. 26

By Alena Mae S. Flores – December 30, 2022, 7:00 pm from manilastandard.net The Department of Energy said Friday the Wholesale Electricity Spot Market in Mindanao will start commercial operations on Jan. 26, 2023. Energy Secretary Raphael Lotilla signed Department […]
June 10, 2022

PSALM hits Lasureco TRO

BY LENIE LECTURA – JUNE 9, 2022 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) said on Wednesday that a court decision that prohibited it from disconnecting an electric cooperative (EC) with unpaid dues amounting to […]