December 18, 2021

NEA, not PSALM, to resolve power supply issues — DOF

By Lee C. Chipongian – December 17, 2021, 4:11 PM from Manila Bulletin Finance Secretary Carlos Dominguez III categorically stated that the National Electrification Administration (NEA) and not the Power Sector Liabilities and Management Corp. (PSALM) should be the Default […]
December 17, 2021

PSALM ordered not to take on more liabilities from Mindanao power co-ops owing billions

By Marielle C. Lucenio – December 17, 2021 | 12:10 am from Business World THE Power Sector Assets and Liabilities Management Corporation (PSALM) said Wednesday that it has been instructed by the Department of Finance (DoF) to stop taking on […]
July 29, 2021

ECs told to pay overdue power bills

BY BIANCA CUARESMA – JULY 28, 2021 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has issued final warnings to two electric cooperatives (ECs) and a private corporation to compel them to pay over P15.01 billion […]
April 15, 2020

PSALM hikes power capacity of Mindanao co-ops

By Lenie Lectura -April 14, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corporation (PSALM) said it has increased the power allocation of two Mindanao electric cooperatives (ECs) to help them provide uninterrupted service for the duration […]