February 25, 2025

NGCP wins arbitration vs. gov’t agencies

By Alena Mae S. Flores – February 24, 2025, 8:10 pm from manilastandard.net The Arbitral Tribunal of the Singapore International Arbitration Centre (SIAC) ruled in favor of National Grid Corp. of the Philippines (NGCP) in the case it filed against […]
May 17, 2023

First Gen unit submits winning bid for Casecnan plant

BY MYRNA M. VELASCO – May 16, 2023 05:15 PM from Manila Bulletin AT A GLANCE The successful privatization of the 165-megawatt Casecnan hydropower facility is a first key major achievement of PSALM under the Marcos administration. Fresh River Lakes […]
July 14, 2022

PSALM logs P34-B receivables from San Miguel subsidiary

By Myrna M. Velasco – July 13, 2022, 8:17 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) indicated that it is pursuing P34.04 billion worth of ‘overdue payables’ from South Premiere Power Corporation (SPPC), a […]
July 12, 2022

Casecnan hydro plant on forced shutdown since 2021

By Myrna M. Velasco – July 9, 2022, 10:40 AM from Manila Bulletin The Department of Energy (DOE) revealed that the 165-megawatt Casecnan hydropower plant had been on forced shutdown since October last year due to “unresoved issues” with the […]