February 25, 2020
Published by admin at February 25, 2020
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San Miguel: Let courts rule on PSALM case vs SPPC

By Lenie Lectura -February 25, 2020 from Business Mirror San Miguel Corp. (SMC) criticized the government for releasing willy-nilly disputed figures to gain public approval in an ongoing case concerning the Ilijan power plant. The conglomerate has urged the Department […]
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February 25, 2020
Published by admin at February 25, 2020
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EDC inks MOA with host communities

By Lenie Lectura -February 25, 2020 from Business Mirror ENERGY Development Corporation (EDC) has committed to set aside one centavo per kilowatt-hour (P0.01/kWh) of its total electricity sales to its host communities. A memorandum of agreement (MOA) was signed recently […]
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February 24, 2020
Published by admin at February 24, 2020
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Psalm sees P1.7-B borrowing costs yearly on bad accounts

By Butch Fernandez -February 24, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (Psalm) warned it will incur an annual borrowing cost of about P1.7 billion a year should the P33.62 billion in delinquent accounts remain […]
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February 24, 2020
Published by admin at February 24, 2020
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DOE scrambles to ease summer power supply

By MYRNA M. VELASCO – February 22, 2020, 10:00 PM from Manila Bulletin The Department of Energy (DOE) assured consumers of “enough power supply,” but it stopped short of admitting that the country’s electricity system is actually on “life support” […]
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