March 31, 2017

PSALM resets auction of Malaya thermal-power plant

By Lenie Lectura – March 29, 2017 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has postponed the auction of the 650-megawatt Malaya thermal-power plant. The power facility was supposed to be sold on Thursday, March 30, to four interested […]
March 29, 2017

ERC allows universal charge

by Alena Mae S. Flores – March 28, 2017 at 08:53 pm from Manila Standard Today The Energy Regulatory Commission has allowed Power Sector Assets and Liabilities Management Corp. to continue the collection of universal charge for stranded contract cost of P0.1938 per […]
March 23, 2017

Six groups interested in Sucat thermal plant

by Alena Mae S. Flores – March 22, 2017 at 08:01 pm from Manila Standard Today The privatization of the decommissioned 850-megawatt Sucat Thermal Power Plant in Muntinlupa City drew the interest of six bidders, Power Sector Assets and Liabilities Management Corp. said […]
March 15, 2017

NPC seeks P1.078-billion recovery cost adjustment from fuel-price fluctuations

By Lenie Lectura – March 13, 2017 from Business Mirror The National Power Corp. (NPC) has filed an application for recovery cost adjustments worth P1.078 billion. The amount represents additional operating costs incurred by NPC-SPUG (Small Power Utilities Group) as a result of […]