February 2, 2018

From inception, PSALM logs debt payments reaching P1.47 trillion

By Myrna M. Velasco – February 1, 2018, 10:00 PM from Manila Bulletin Since the start of its corporate life at the restructuring of the country’s power sector, state-run Power Sector Assets and Liabilities Management Corporation (PSALM) reported that the […]
February 2, 2018

Ayala eyeing ‘minority stake’ in targeted Indon thermal projects

By Myrna M. Velasco – February 1, 2018, 10:00 PM from Manila Bulletin The energy investment arm of Ayala Corporation is positioning for a ‘significant minority stake’ on the scale of 20%-30% for targeted thermal power projects in the broadening […]
February 1, 2018

First Gen dangles ‘reverse proposal’ on LNG project

By Myrna M. Velasco – January 31, 2018, 10:00 PM from Manila Bulletin The “unsolicited proposal” tendered by First Gen Corporation to state-run Philippine National Oil Company (PNOC) takes a “reverse track,” because instead of the Lopez firm joining the […]
January 29, 2018

Review of ‘pass-on costs’ in electric bills pushed

By Myrna M. Velasco – January 28, 2018, 10:01 PM from Manila Bulletin With escalating consumer agitation over incessantly increasing electricity rates, the Joint Congressional Power Commission (JCPC) will instigate a review and possibly rewrite the policy on “pass-on mechanism” […]