Reopening the Philippine economy from all the coronavirus disease (COVID-19)-triggered lockdowns presents a "challenge" to the local power industry. Department of Energy (DOE) Secretary Alfonso Cusi (Photo from DOE Facebook) Thus, said Department of Energy (DOE) Secretary Alfonso Cusi on Tuesday,...
House Deputy Minority leader and Bayan Muna Rep. Carlos Isagani Zarate and Bayan Muna chairman former Rep. Neri Colmenares on Sunday (April 25) dared President Rodrigo Duterte to also look into excesses of monopolies in the power industry that have been holding consumers hostage in order to...
A Chinese firm has already dropped out of the Malaya thermal power facility negotiated sale, but four others are still in the running, giving hopes to state-run Power Sector Assets and Liabilities Management Corporation (PSALM) that its long-wished for privatization of the 650-megawatt facility...
Diversified conglomerate San Miguel Corporation (SMC) is inclined to resolve at the negotiating table the P23.94 billion billing dispute of its subsidiary South Premiere Power Corporation (SPPC) with state-run Power Sector Assets and Liabilities Management Corporation (PSALM) for the 1,200-megawatt...
Proceeds from the sale of National Power Corporation (NPC) assets have already reached P915 billion as of end-March this year but revenue collections only hit P612.41 billion, according to the Department of Energy. Collections of asset-seller Power...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is scheduling the sale of five more real estate assets via an auction on September 30 this year. The properties due for divestments are located in...
