January 21, 2025

Senate passes bill giving PSALM five more years of corporate life

By John Victor D. Ordoñez – January 20, 2025 | 8:07 pm from Business World THE SENATE approved on third and final reading on Monday a bill extending the corporate life of the Power Sector Assets and Liabilities Management Corp. (PSALM) […]
January 10, 2025

DOE: Dimalanta suspension causes pricing delay, hampering CBK privatization

By Gabriell Christel Galang – Jan 9, 2025 02:28 PM from Manila Bulletin The Department of Energy (DOE) said that delays in the privatization of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant are due to setbacks in establishing the Price Determination […]
December 26, 2024

PSALM selling real estate estates worth over P380m

By Alena Mae S. Flores – December 25, 2024, 7:50 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. is selling its Bantay and Talon properties with a combined minimum bid price of P389 million. PSALM said in […]
November 5, 2024

Power distributors face ERC fines for disconnecting typhoon victims

By Alena Mae S. Flores – November 4, 2024, 8:30 pm from manilastandard.net The Energy Regulatory Commission (ERC) said Monday it will penalize distribution utilities that fail to comply with a directive to implement a moratorium on electricity line disconnections […]