March 11, 2020
Published by admin at March 11, 2020
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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 […]
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March 9, 2020
Published by admin at March 9, 2020
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Enough power, but brace for brownouts

By Lenie Lectura -March 8, 2020 from Business Mirror THE Department of Energy (DOE) has once again allayed fears of yet another looming electricity shortage leading to brownouts this coming dry season, assuring there is stable power supply. There is no need to […]
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March 6, 2020
Published by admin at March 6, 2020
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NEA tasks deputy administrator to supervise Masbate power cooperative

By Lenie Lectura -March 6, 2020 from Business Mirror THE National Electrification Administration (NEA) has appointed its deputy administrator for legal services to supervise the management and operations of the Masbate Electric Cooperative Inc. (Maselco). NEA Administrator Edgardo Masongsong, who […]
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March 2, 2020
Published by admin at March 2, 2020
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NEA overshoots new consumer connections target for 2019, energization level at 95%

By Lenie Lectura -March 2, 2020 from Business Mirror The National Electrification Administration (NEA) has registered 586,144  additional consumer connections last year, 27 percent higher than its target of 460,000 for 2019. The new connections resulted in achieving an energization […]
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