August 26, 2017

PSALM debt down P45 billion, P490 billion more to settle

By Lenie Lectura – August 26, 2017 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has reduced its liabilities by over P45 billion at end-June this year, bringing down the state firm’s obligations to P490 billion. “PSALM financial […]
April 8, 2017

Napocor powers Limasawa Island

By  Lenie Lectura – April 5, 2017 from Manila Bulletin THE National Power Corp. (Napocor) will soon deploy a new 300-kilowatt (kW) generating set this year, and two more 300-kW gensets next year in its Limasawa diesel power plant (DPP). The state […]
April 3, 2017

DOE proposes to use ERD funds to avoid passed-on charges to consumers

By Philippine News Agency – April 1, 2017, 5:43 PM from Manila Bulletin Instead of passing on a 19-centavo universal charge on consumers, the Department of Energy (DOE) has proposed to use the Malampaya or Energy Resource Development (ERD) funds to […]
February 14, 2017

Palawan SPUG plants get major boost from NPC

By Lenie Lectura – February 13, 2017 from Business Mirror The National Power Corp. (Napocor) will energize eight new Small Power Utilities Group (SPUG) power plants that will supply electricity to around 6,000 households in Palawan. In a memorandum of agreement […]