April 18, 2023

PSALM cuts debt by ₧18.39B in Q1

BY LENIE LECTURA – APRIL 18, 2023 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) trimmed its debts by P18.39 billion to P328.37 billion in the first quarter. At end-March, the state firm’s principal debt stood […]
April 12, 2023

PSALM sets minimum bid price for Casecnan plant at $227 million

By Alena Mae S. Flores – April 11, 2023, 11:29 am from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. set the minimum bid price for the sale of the 165-megawatt Casecnan hydroelectric power plant at $227 million. PSALM […]
April 10, 2023

ERC says anti-competitive behavior hard to probe

BY MYRNA M. VELASCO – Apr 7, 2023 11:16 AM from Manila Bulletin AT A GLANCE The ERC will be engaging the help of the Philippine Competition Commission (PCC) on investigating anti-competitive behavior in the electricity market ERC reclaims jurisdiction […]
March 23, 2023

PSALM mulls 25-year concession for Agus-Pulangui plants

BY MYRNA M. VELASCO – Mar 22, 2023 12:01 AM from Manila Bulletin AT A GLANCE The Agus-Pulangui complex is the biggest hydropower facility in the country PSALM plans 25-year concession deal for its privatization The approval of Congress is […]