January 19, 2021

PSALM secures P202-M prepayment from Sorsogon electric cooperative

By Myrna M. Velasco – January 19, 2021, 8:00 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has cornered prepayment of P202.106 million from Sorsogon I Electric Cooperative (SORECO I), as part of the restructuring […]
January 19, 2021

Gov’t loses P1.2b on Malaya plant

By Alena Mae S. Flores – January 17, 2021 at 07:30 pm from manilastandard.net The government is losing around P1.2 billion annually from maintaining the 650-megawatt Malaya Thermal Power Plant in Pililla, Rizal, according to a report of the Department […]
December 9, 2020

PSALM demands payment from LGU

By Bernadette D. Nicolas – December 8, 2020 from Business Mirror State-run Power Sector Assets and Liabilities Management Corp. (PSALM) prodded the Olongapo City Government to pay its long overdue obligations worth at least P6.713 billion in electricity bills and […]
December 8, 2020

PSALM earmarks P3.7-B for dismissed NPC employees

By Myrna M. Velasco – December 7, 2020, 7:00 AM from Manila Bulletin The 17-year wait is finally over for the dismissed employees of state-run National Power Corporation (NPC), as the Power Sector Assets and Liabilities Management Corporation (PSALM) already […]