April 13, 2020

PSALM seeks DOF approval on Murang Kuryente subsidy

By Myrna M. Velasco – Updated April 13, 2020, 9:50 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is seeking approval from the Department of Finance (DOF) on its proposed loan procurement to cover calculated […]
April 9, 2020

NEA backs indefinite extension to settle EC power bills amid COVID-19 crisis

By Manila Standard Business – April 08, 2020 at 03:35 pm The National Electrification Administration (NEA) endorsed the appeal of electric cooperatives (ECs) to extend the deadline of their payment of dues and remittances to power generation and transmission companies […]
April 6, 2020

PSALM pares down debt to P417.88B

By Lenie Lectura -April 6, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has reduced its principal financial obligations to P417.88 billion last February, from P422.011 billion recorded at the end of 2019. PSALM President […]
March 30, 2020

PSALM thumbs down capacity purchase cut

By Myrna M. Velasco – March 29, 2020, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) said it will not concur to capacity off-take (power purchase) reduction during the enhanced community quarantine (ECQ), even […]