April 11, 2019

ERC, DOE commit to act on PSAs for power projects

By Myrna M. Velasco – April 10, 2019, 10:00 PM from Manila Bulletin With decrepit infrastructure and lack of firm investment commitments, the Department of Energy (DOE) and Energy Regulatory Commission (ERC) have finally been prompted to act on pending […]
February 10, 2019

Malampaya fund to retire PSALM debts (Consumers unburdened of universal charges)

By Myrna M. Velasco – February 9, 2019, 10:00 PM from Manila Bulletin The universal charges on stranded debts and stranded contract costs in the electric bills of Filipino consumers will soon disappear, with Congress already tapping the use of the […]
February 5, 2019

PSALM to tap $1.1-B new loans to pay maturing debts

By Myrna M. Velasco – February 4, 2019, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is firming up plans to tap fresh loans of US$1.1 billion that it will utilize to settle maturing […]
December 26, 2018

PSALM debt payments hit P600B by mid-2018

By Myrna M. Velasco – December 25, 2018, 10:00 PM from Manila Bulletin The scale of debt payments and settlement of financial obligations by state-run Power Sector Assets and Liabilities Management Corporation (PSALM) reached a whopping P599.64 billion in the […]