June 13, 2019

ERC allows PSALM to recover P5.117 billion from consumers

By Lenie Lectura – June 13, 2019 from Business Mirror THE Energy Regulatory Commission (ERC) has authorized the Power Sector Assets and Liabilities Management Corp. (PSALM) to recover P5.117 billion from  consumers to pay for the stranded debt of the […]
June 7, 2019

PSALM hires consultant for Malaya plant’s sale

By Myrna M. Velasco – June 6, 2019, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has engaged the Philippine subsidiary of United Kingdom-headquartered PricewaterhouseCoopers (PwC) as its consultant on asset valuation which will […]
June 5, 2019

SMC’s Ang scores PSALM, DOF for Ilijan power-plant ‘debts’

By Lenie Lectura – June 5, 2019 from Business Mirror SAN Miguel Corp. (SMC) President Ramon S. Ang on Tuesday called the attention of the Power Sector Assets and Liabilities Management Corp. (PSALM) and the Department of Finance (DoF) which […]
May 20, 2019

SMC unit claims $6.19-B payment for Ilijan plant

By Myrna M. Velasco – May 19, 2019, 10:00 PM from Manila Bulletin South Premier Power Corp. (SPPC), the San Miguel Energy Corporation subsidiary for the 1,200-megawatt Ilijan gas-fired power plant, claimed that it already paid $6.19 billion (P289.1 billion) […]