February 25, 2020

San Miguel: Let courts rule on PSALM case vs SPPC

By Lenie Lectura -February 25, 2020 from Business Mirror San Miguel Corp. (SMC) criticized the government for releasing willy-nilly disputed figures to gain public approval in an ongoing case concerning the Ilijan power plant. The conglomerate has urged the Department […]
February 24, 2020

Psalm sees P1.7-B borrowing costs yearly on bad accounts

By Butch Fernandez -February 24, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (Psalm) warned it will incur an annual borrowing cost of about P1.7 billion a year should the P33.62 billion in delinquent accounts remain […]
February 21, 2020

San Miguel power unit: We paid PSALM P315 billion as of January

By Lenie Lectura -February 21, 2020 from Business Mirror SAN Miguel Corp. (SMC) through its power unit, South Premiere Power Corp. (SPPC), has paid a total of P314.6 billion to the Power Sector Assets and Liabilities Management Corp. (PSALM) as of January […]
February 7, 2020

February power rates dropped P0.59 per kWh, says Meralco

By Alena Mae S. Flores – February 06, 2020 at 07:45 pm from manilastandard.net Residential consumers of power retailer Manila Electric Co. will enjoy a rate reduction of P0.59 per kilowatt-hour or P118 in a typical household’s bill for February. […]