PSALM to seek ERC reconsideration on Malaya penalty

State-run Power Sector Assets and Liabilities Management Corporation (PSALM) will be filing a motion for reconsideration on the P980,400.00 penalty imposed by the Energy Regulatory Commission (ERC) on forced outages violation of its newly privatized 650-megawatt Malaya thermal power facility. The company said it was “very surprised” when it received … Continue reading PSALM to seek ERC reconsideration on Malaya penalty