July 23, 2019

PSALM earmarks operating budget of P184.96 B this year

By Myrna M. Velasco – July 22, 2019, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has earmarked a humongous corporate operating budget of P184.967 billion this year so it can settle maturing financial […]
July 17, 2019

PSALM sends 14 firms final demand for P1.9-billion payment

By Rea Cu – July 17, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (Psalm) has sent out final letters of demand for payment to 14 firms with overdue obligations totaling P1.931 billion. In a statement […]
July 12, 2019

Win: Minpocor creation may be in breach of Epira, needs review

By Lenie Lectura – July 12, 2019 from Business Mirror THE proposed creation of the Mindanao Power Corp. (Minpocor) must undergo an extensive review because the law prohibits the government from owning a power plant, Senate Energy Committee Chairman Sherwin […]
July 10, 2019

PSALM picks winning design for Napocor complex re-development

By Myrna M. Velasco – July 9, 2019, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) had finally chosen the design-concept that will be its guide in pursuing the re-development of the 5.195-hectare National […]