September 29, 2014

Manila Bulletin: PSALM liabilities still ‘monstrous’ at P759B

by Myrna Velasco, September 28, 2014 Manila Bulletin The veritable monster liabilities of Power Sector Assets and Liabilities Management Corporation (PSALM) remained at a staggering P759 billion. PSALM president Emmanuel R. Ledesma Jr. has disclosed to Congress last week that as […]
September 3, 2014

RAPPLER: Electricity rates to go up P0.5143/kWh due to PSALM suit

originally published on rappler.com, Sept. 03, 2014   MANILA, Philippines – Electricity rates may rise by an additional P0.5143 per kilowatt-hour (kWh) if the Power Sector Assets and Liabilities Management Corporation (PSALM) is forced to settle over P60 billion in […]