September 20, 2017

PSALM universal charge collections reach P53 B

By Myrna M. Velasco – September 19, 2017, 10:01 PM from Manila Bulletin The universal charge pass-on in the consumers’ electric bills had given Power Sector Assets and Liabilities Management Corporation (PSALM) collections reaching P53 billion as of July this year. […]
September 9, 2017

Cusi eyes $400-m China loan to rehabilitate Agus plants

by Alena Mae S. Flores – September 08, 2017 at 07:01 pm from manilastandard.net CEBU CITY—The Energy Department is working with the Finance Department to firm up  possible funding of around $400 million from the Chinese government for the rehabilitation of the 982-megawatt Agus-Pulangi […]
May 30, 2017

3 bidders pre-qualify for Sucat power plant

by Alena Mae S. Flores – May 29, 2017 at 07:55 pm from Manila Standard Today Three bidders passed the pre-qualification process of Power Sector Assets and Liabilities Management Corp. in the auction of the decommissioned 850-megawatt Sucat Thermal Power Plant in Muntinlupa […]
April 17, 2017

Fuel, power and cash

By Lenie Lectura –  April 16, 2017 from Business Mirror THE government’s share from the energy-resource development fund, commonly known as the Malampaya fund, reached P13.43 billion in 2016, slightly lower than the P14.32 billion recorded a year earlier. Based on […]