April 25, 2020

PSALM reschedules Malaya power plant auction to June

By Myrna M. Velasco – Updated April 25, 2020, 8:37 AM from Manila Bulletin For yet another round, state-run Power Sector Assets and Liabilities Management Corporation (PSALM) is re-scheduling to June 30 this year the sale auction for the 650-megawatt […]
April 24, 2020

PSALM remits P46.07 million to 6 local governments

By Lenie Lectura -April 23, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) said it has remitted SNW (Share in National Wealth) benefits amounting to P46.07 million to six local government units (LGUs). PSALM directly […]
April 22, 2020

Psalm extends grace period amid extended quarantine period

By Jordeene B. Lagare – April 22, 2020 from The Manila Times THE Power Sector Assets and Liabilities Management Corp. (Psalm) is extending the grace period for the payments due to the state-run firm whose due dates fall within the […]
April 22, 2020

IRR of law reducing cost of electricity signed

By BusinessMirror -April 21, 2020 The Department of Energy (DOE) and the Department of Finance (DOF) have signed the implementing rules and regulations (IRR) for the Murang Kuryente Act (MKA), which mandates cheaper electricity. The IRR for the MKA is […]