September 24, 2021

ERC names 8 GenCos for penalties

By Myrna M. Velasco – September 23, 2021, 1:49 PM from Manila Bulletin At least eight power generation companies (GenCos) have been formally tagged by the Energy Regulatory Commission (ERC) for penalties for breaching allowable forced outages in their electric […]
September 18, 2021

2 firms eye PSALM bidding for Pampanga property

By Myrna M. Velasco – September 17, 2021, 3:30 PM from Manila Bulletin Two Filipino firms are eyeing to participate in the scheduled auction of a prime Pampanga real estate asset that state-run Power Sector Assets and Liabilities Management Corporation […]
September 17, 2021

PSALM to trim debts by ₱23 B this year

By Myrna M. Velasco – September 16, 2021, 2:48 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) indicated that it would be able to trim down outstanding financial obligations by P23 billion this year on […]
September 15, 2021

PSALM keen on drawing more gas from Malampaya

BY LENIE LECTURA – SEPTEMBER 14, 2021 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) is pursuing plans to increase the amount of gas it sources from the Malampaya gas field. PSALM earlier signed a memorandum […]