August 26, 2017

PSALM debt down P45 billion, P490 billion more to settle

By Lenie Lectura – August 26, 2017 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has reduced its liabilities by over P45 billion at end-June this year, bringing down the state firm’s obligations to P490 billion. “PSALM financial […]
August 23, 2017

Govt to push through with Malaya plant sale

by Alena Mae S. Flores – August 21, 2017 at 08:31 pm from Manilastandard.net The government will push through with the privatization of the 650-megawatt Malaya thermal power plant in Pililla, Rizal this year to ensure additional capacity in the Luzon grid. “What DoE […]
August 22, 2017

Still no decision from DOE on MTPP privatization plan

By Lenie Lectura – August 21, 2017 from Business Mirror The Department of Energy (DOE) is expected to inform the Power Sector Assets and Liabilities Management (PSALM) Board of its preference on how best to privatize the 650-megawatt (MW) Malaya […]