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Home » Power Sector Assets and Liabilities Management Corp. You are browsing entries tagged with “Power Sector Assets and Liabilities Management Corp.”

Credit upgrade means more social projects, infra, jobs in PH

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INQUIRER FILE PHOTO

The latest sovereign ratings upgrade the Philippines won from Standard & Poor’s (S&P) this week gives the country more than just bragging rights for having earned its highest credit rating ever.   Officials said the improved rating, which they claimed represents the international community’s more favorable view of the Philippine economy, should translate into tangible [...]

Posted: May 10th, 2014 in Headlines,Latest Business Stories | Read More »

Napocor defers off-grid subsidy collection

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The National Power Corp. (Napocor) is holding off the collection of its universal charge for missionary electrification (UCME), which subsidizes power generation activities in off-grid, remote areas of the country.

Posted: March 3rd, 2014 in Headlines | Read More »

PSALM pushes bulk deals for geothermal power plants

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The Power Sector Assets and Liabilities Management (PSALM) Corp. will privatize the bulk energy contracts for the typhoon-ravaged Unified Leyte Geothermal Power Plant (ULGPP) in Leyte and Mt. Apo 1 and 2 geothermal power plants in Mindanao.

Posted: January 31st, 2014 in Headlines | Read More »

PSALM eyes March turnover of Angat hydro plant

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The Power Sector Assets and Liabilities Management Corp. (PSALM) hopes to finally turn over the 218-megawatt (MW) unit of the Angat hydroelectric power plant to Korea Water Resources Development Corp. (K-Water) this summer.

Posted: January 26th, 2014 in Headlines | Read More »

Palace: Too soon to rule out power rate fixing

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Sen. Sergio Osmeña III (Inquirer file photo), Energy Secretary Jericho Petilla (AP file photo), Communications Secretary Herminio Coloma (Inquirer file photo)

Malacañang is apparently not buying Sen. Sergio Osmeña III’s pronouncement that there was no collusion among the energy market players to manipulate power rates when the Malampaya natural gas plant shut down for maintenance work for one month last year.

Posted: January 26th, 2014 in Featured Gallery,Headlines,Photos & Videos | Read More »

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