June 14, 2021

PSALM wants stranded debts in power bills removed

By Myrna M. Velasco – June 14, 2021, 6:30 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) said it will formally ask the Energy Regulatory Commission (ERC) to scrap the universal charge for stranded debts […]
June 9, 2021

PNOC in talks with PSALM over sale of ‘banked’ gas

BY LENIE LECTURA – JUNE 9, 2021 from Business Mirror State firms Philippine National Oil Co. (PNOC) and Power Sector Assets and Liabilities Management Corp. (PSALM) signed a memorandum of understanding (MOU) for the possible sale of “banked gas” from […]
June 3, 2021

Fort Pilar gets notice of award for Malaya

By Alena Mae S. Flores – June 02, 2021 at 07:50 pm from manilastandard.net Power Sector Assets and Liabilities Management Corp. said Wednesday it issued the notice of award to Fort Pilar Energy Inc., the winning negotiating party that submitted […]
May 12, 2021

Fort Pilar invests ₧5B in Zamboanga battery energy storage facility

BY LENIE LECTURA – MAY 12, 2021 from Business Mirror Fort Pilar Energy Inc., the declared winning party in the negotiated sale process of the 650-megawatt (MW) Malaya Thermal Power Plant (TPP), expects its P5-billion investment in energy storage facilities […]