July 30, 2024

PSALM life extension to prevent transfer of P300-B debt to nat’l government

BY MYRNA M. VELASCO – Jul 29, 2024 11:45 AM from Manila Bulletin AT A GLANCE Stretching the corporate existence of PSALM is among the key amendments being pushed in the Electric Power Industry Reform Act (EPIRA), one of the […]
July 27, 2024

PSALM begins Mindanao coal plant’s retirement, repurposing

By Alena Mae S. Flores – July 26, 2024, 9:20 pm from manilastandard.net State-owned Power Sector Assets and Liabilities Management Corp. (PSALM) said Friday it started preparations for the early retirement or repurposing of the 210-megawatt Mindanao coal-fired power plant […]
July 16, 2024

PSALM: Hydro power plant piques interest of 5 firms

By Lenie Lectura – July 16, 2024 from Business Mirror Five firms have expressed interest to participate in the privatization of the 796.46-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna, the Power Sector Assets and Liabilities Management Corp. […]
May 2, 2024

Meralco to tap spot market for 260-MW peaking supply

By Alena Mae S. Flores – May 1, 2024, 7:50 pm from manilstandard.net Power retailer Manila Electric Co. plans to source its 260-megawatt peaking capacity requirement from the Wholesale Electricity Spot Market, where prices are more volatile due to lack […]