March 6, 2017

Transco thumbs down NGCP’s prepayment of concession cost

By Lenie Lectura – March 5, 2017 from Business Mirror THE National Transmission Corp. (Transco) is opposed to the prepayment scheme of the concession fee (CF) made by the National Grid Corp. of the Philippines (NGCP) to the Power Sector Assets and Liabilities […]
February 17, 2017

SC awards Naga plant to Aboitiz Power

by Alena Mae S. Flores – February 15, 2017 at 08:06 pm from Manila Standard Today The Supreme Court reinstated the notice of award to Aboitiz Power Corp.’s subsidiary Therma Power Visayas Inc. for the 153.1-megawatt Naga power plant complex in Naga, Cebu. […]
February 13, 2017

PSALM debt payments hit P84.86B in 2016

By Lenie Lectura – February 12, 2017 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) said it has paid off P84.86 billion worth of debts, bringing down the state firm’s obligations to P506.34 billion. “Payments made in […]
February 8, 2017

PSALM chief wants Agus, Pulangi power plants rehabilitated

By  Lenie Lectura – February 7, 2017 from Business Mirror THE chairman of the Power Sector Assets and Liabilities Management Corp. (PSALM) wants to rehabilitate the Agus and Pulangi power plant complexes before they are sold to prospective investors. “We have to fix the power-plant […]