August 11, 2021

PSALM seeks nod of ERC for power rate adjustments

BY LENIE LECTURA – AUGUST 10, 2021 from Business Mirror   The Power Sector Assets and Liabilities Management Corp. (PSALM) filed an application with the Energy Regulatory Commission (ERC) to reduce power rates in Luzon and Mindanao for the monthly […]
July 29, 2021

ECs told to pay overdue power bills

BY BIANCA CUARESMA – JULY 28, 2021 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has issued final warnings to two electric cooperatives (ECs) and a private corporation to compel them to pay over P15.01 billion […]
July 27, 2021

MORE Power, PSALM forge electricity supply agreement

BY LENIE LECTURA – JULY 26, 2021 from Business Mirror Razon-led MORE Electric and Power Corp. (MORE) has signed a power supply deal with state-owned Power Sector Assets and Liabilities Management Corp. (PSALM). “We have a bilateral contract with PSALM. […]
June 22, 2021

PSALM pares down debt to ₧357.7B in May

BY LENIE LECTURA – JUNE 22, 2021 from Business Mirror Facade of the Agus I Hydroelectric Power Plant in Lanao del Sur owned by the Power Sector Assets and Liabilities Management Corp. THE Power Sector Assets and Liabilities Management Corp. […]