June 15, 2021

PSALM wants stranded debts in power bills removed

By Myrna M. Velasco – June 14, 2021, 6:30 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) said it will formally ask the Energy Regulatory Commission (ERC) to scrap the universal charge for stranded debts […]
April 13, 2020

PSALM seeks DOF approval on Murang Kuryente subsidy

By Myrna M. Velasco – Updated April 13, 2020, 9:50 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is seeking approval from the Department of Finance (DOF) on its proposed loan procurement to cover calculated […]
March 11, 2020

PSALM cuts 2019 debts by P15.2 billion, collects P98.4 billion

By Bernadette D. Nicolas -March 11, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) slashed its debts by 6.05 percent to P27.18 billion in 2019, bringing the outstanding principal financial obligations to P422.011 billion last […]
August 29, 2019

Gov’t borrowing eyed to wipe out PSALM universal charges

By Myrna M. Velasco – August 28, 2019, 10:00 PM from Manila Bulletin The government is exploring borrowings to replenish the Malampaya fund that will then be used to wipe out the universal charges which are separate items collected by […]