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PSALM expects financial position to improve

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psalm

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) expects its cash flow to improve over the next four years, after regulators allowed it to collect P53 billion in universal charges for stranded contract costs from all power consumers.

Posted: February 25th, 2013 in Latest Business Stories | Read More »

DOE sees gov’t absorbing portion of PSALM debts

The Department of Energy will propose the absorption by the government of portion of the P139 billion in stranded debts and contract costs incurred by Power Sector Assets and Liabilities Corp.

Posted: February 16th, 2012 in Headlines | Read More »

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