October 21, 2016

SPC Power to PSALM: Ask SC to reconsider award to build power plant to another firm

by Lenie Lectura – October 19, 2016 from Business Mirror PUBLICLY listed SPC Power Corp.  on Wednesday  urged the  Power Sector Assets and Liabilities Management Corp. (PSALM) to seek a motion for reconsideration before the Supreme Court (SC), after the […]
October 14, 2016

SC rules in favor of Aboitiz on Naga plant

by Alena Mae S. Flores – October 13, 2016 at 11:50 pm from Manila Standard Today The Supreme Court upheld a decision that nullified the awarding of the 153.1-megawatt Naga power plant complex in Cebu to SPC Power Corp. and effectively recognized a […]
September 20, 2016

DOE eyes completion of power assets privatization in 3 years

by Myrna Velasco – September 19, 2016 from Manila Bulletin The energy policy agenda of the Duterte administration intends to speed up the privatization of the remaining assets of the National Power Corporation (NPC) – with it eyed for completion in the […]
August 2, 2016

PSALM’s ‘STRANDED COSTS” –The Just and Equitable Methodology to Spread the Burden and Time to Rethink the Strategic Use of Remaining NPC Assets

David Celestra Tan, MSK 29 July 2016 Electric consumers nationwide are being charged the so-called stranded costs of the privatization and deregulation of the power sector as provided for in the EPIRA Law of 2001. This item in your bill, […]