July 6, 2022
Published by admin at July 6, 2022
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PSALM’s financial obligations hit ₧342.6B at end-June

BY LENIE LECTURA – JULY 5, 2022 from Business Mirror THE financial obligations of the Power Sector Assets and Liabilities Management Corp. (PSALM) at end-June this year stood at P342.6 billion (around $6.185 billion at current exchange rates). In a […]
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December 18, 2021
Published by admin at December 18, 2021
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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 […]
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December 17, 2021
Published by admin at December 17, 2021
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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 […]
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July 11, 2021
Published by admin at July 11, 2021
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NEA sets ‘smooth turnover’ of power coops to BARMM

By Myrna M. Velasco – July 9, 2021, 4:15 PM from Manila Bulletin Government-run National Electrification Administration (NEA) has already started the process for the targeted smooth turnover of the electric cooperatives (ECs) that shall be placed under the supervision […]
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