September 13, 2018

PSALM shells out P7 million to indemnify families affected by 2013 oil spill in Iloilo

By Lenie Lectura – September 13, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has shelled out over P7 million worth of indemnities to the families and enterprises in Estancia, Iloilo, affected by the oil […]
September 12, 2018

DOE, EU estimate P2.25-B savings in hybrid solution for off-grid areas

By Myrna M. Velasco – September 11, 2018, 10:00 PM from Manila Bulletin As much as P2.25 billion worth of savings will be generated if state-run National Power Corporation (NPC) opts for the hybrid technology solution being dangled by the […]
September 8, 2018

WB to fund study of Agus plant rehab

By Alena Mae S. Flores – September 06, 2018 at 06:55 pm from manilastandard.net The World Bank will finance the feasibility study for the rehabilitation of the 982-megawatt Agus-Pulangi hydro power plants in Mindanao, National Power Corp. president Pio Benavidez […]
August 31, 2018

Consumers may pay for NPC’s stranded debts, contract costs

By Lenie Lectura – August 29, 2018 from Business Mirror CONSUMERS should expect to pay for an accumulated universal charge (UC) of P0.5593 per kilowatt hour (kWh) from 2020 to 2026, unless government agrees to utilize the P207-billion Malampaya fund […]