November 3, 2023

Gov’t requires over P70-b budget to meet electrification goal by ‘28

By Alena Mae S. Flores – November 2, 2023, 9:10 pm from manilastandard.net The Department of Energy (DOE) said some P70.473 billion is needed to meet the government’s total electrification target by 2028. The 2023-2032 National Total Electrification Roadmap identifies […]
August 24, 2023

PSALM expects to reduce debt to P306 billion

By Alena Mae S. Flores – August 23, 2023, 7:05 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. expects to reduce its financial obligations to P306.6 billion by the end of 2023. “I would like to highlight […]
June 29, 2023

PSALM sets CBK hydro privatization next year

By Alena Mae S. Flores – June 28, 2023, 6:55 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. has moved the planned privatization of the  797.92 megawatts Caliraya-Botocan-Kalayaan hydropower plants to 2024. “PSALM finalizing our plans for […]
May 31, 2023

Gov’t energy management program saved P205 million

By Alena Mae S. Flores – May 30, 2023, 7:30 pm from manilastandard.net The Department of Energy said Tuesday the government saved P205 million which was equivalent to over 20 million kilowatt-hours as of the first quarter with the acceleration […]