January 23, 2019

PSALM settles P78.66-B obligation by end of 2018

By Lenie Lectura – January 23, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) trimmed its financial liabilities by P78 billion last year. In 2018, the state firm settled a total of P78.66 billion for […]
January 22, 2019

Malampaya Fund bills due before energy panel

By Charmaine A. Tadalan – January 20, 2019 | 11:14 pm from Business World THE House Committee on Energy will continue on Tuesday deliberations on the draft Substitute Bill proposing to use the Malampaya fund to pay for the National […]
January 14, 2019

PSALM to sell MTPP land in Paco, Manila

By Lenie Lectura – January 14, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has decided to sell the Manila Thermal Power Plant (MTPP) land via a negotiated scheme. The state firm said last Friday […]
January 7, 2019

ERC okays P1.082-B capex for Paleco

By Lenie Lectura – January 7, 2019 from Business Mirror The Energy Regulatory Commission (ERC) has approved a capital expenditure (capex) spending of P1.082 billion from 2017 to 2021 for beleaguered Palawan Electric Cooperative (Paleco). The amount is lower than Paleco’s […]