October 28, 2020

PSALM issues final demand payment for P671 M to 2 errant firms — DOF

By Chino S. Leyco – October 28, 2020, 6:00 AM from Manila Bulletin The Power Sector Assets and Liabilities Management Corp. (PSALM) has sent out final letters of demand for payment to two companies with long overdue obligations with the government, […]
October 26, 2020

PSALM fails to get interest on negotiated sale of Malaya plant

By Alena Mae S. Flores – October 25, 2020 at 07:55 pm from manilastandard.net The negotiated sale of the 650-megawatt Malaya Thermal Power Plant and land failed to receive any participant during the pre-negotiation process on Friday as investor interest […]
October 22, 2020

PSALM debt shrinks despite pandemic

By Lenie Lectura – October 21, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has trimmed its financial obligations to P393.3 billion in the January-to-June period from P422 billion at end-2019. PSALM President and Chief […]
October 17, 2020

ERC boosts initiatives to lower electricity rates

By Catherine Talavera – October 16, 2020 – 12:00am from The Philippine Star “The Commission has been advocating for the promotion and protection of consumers’ interests, most especially during these challenging times, to ensure that they only pay what is […]