December 13, 2019

PSALM tries to collect ₱11.5-B debts of Mindanao coops

By Myrna M. Velasco – December 12, 2019, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM), in coordination with the Department of Energy (DOE), is sorting out a strategy to collect ₱11.5 billion worth […]
December 13, 2019

PSALM reduces debt by P33b

By Alena Mae S. Flores – December 12, 2019 at 06:30 pm from manilastandard.net State-run Power Sector Asset and Liabilities Management Corp. said it reduced the outstanding financial obligation of National Power Corp. by P33.2 billion to P416 billion as […]
November 16, 2019

All Mindanao utilities to join WESM; Jan. start targeted

By Carmelito Q. Francisco – November 14, 2019 | 10:01 pm from Business World   DAVAO CITY — All power distribution utilities (DU) in Mindanao, both electric cooperatives and private companies, have applied to participate in the wholesale electricity spot […]
July 18, 2018

SPC Power turns over 153.1-megawatt Naga power plant complex to PSALM

By Victor V. Saulon – July 17, 2018 12:02am from BusinessWorld File photo of SPC Power Corp.’s annual stockholders’ meeting on May 28, 2018. — Photo by Edah Dagooc/THE FREEMAN   SPC POWER Corp. has turned over the 153.1-megawatt (MW) […]