April 1, 2017

DOE: Malampaya fund can be used to pay NPC debts

By  Lenie Lectura – April 1, 2017 from Business Mirror The Department of Energy (DOE) strongly  urged lawmakers to pass a legislation that will allow the government to tap the Malampaya fund in paying the stranded debts of the National Power Corp. (NPC). […]
March 31, 2017

PSALM resets auction of Malaya thermal-power plant

By Lenie Lectura – March 29, 2017 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has postponed the auction of the 650-megawatt Malaya thermal-power plant. The power facility was supposed to be sold on Thursday, March 30, to four interested […]
March 29, 2017

ERC allows universal charge

by Alena Mae S. Flores – March 28, 2017 at 08:53 pm from Manila Standard Today The Energy Regulatory Commission has allowed Power Sector Assets and Liabilities Management Corp. to continue the collection of universal charge for stranded contract cost of P0.1938 per […]
March 9, 2017

Government resets Malaya thermal plant bidding to March 30

By Lenie Lectura – March 8, 2017 from Business Mirror THE government has rescheduled the bidding for the 650-megawatt (MW) Malaya thermal-power plant mainly due to a new requirement that is seriously being considered to be included in the terms of reference. Originally, […]