April 1, 2017

DOE: Malampaya fund can be used to pay NPC debts

By  Lenie Lectura – April 1, 2017 from Business Mirror The Department of Energy (DOE) strongly  urged lawmakers to pass a legislation that will allow the government to tap the Malampaya fund in paying the stranded debts of the National Power Corp. (NPC). […]
March 31, 2017

PSALM resets auction of Malaya thermal-power plant

By Lenie Lectura – March 29, 2017 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has postponed the auction of the 650-megawatt Malaya thermal-power plant. The power facility was supposed to be sold on Thursday, March 30, to four interested […]
March 28, 2017

DOE: Enough power supply for summer months

By Lenie Lectura – March 27, 2017 from Business Mirror There are 20 power plants that are scheduled to go offline during summer months, but the Department of Energy (DOE) said on Monday there is enough power supply during this period. “We […]
March 28, 2017

Reserve, incoming projects ease PHL power worries (Part One)

By Lenie Lectura – March 26, 2017 from Business Mirror POWER-industry stakeholders are expecting a brownout-free summer in Luzon for as long as no major power plants conk out simultaneously. According to the Department of Energy (DOE), the optimistic outlook is borne out […]