Microgrid Systems bill for total PH household electrification prioritizedMonday, July 15, 2019
Senator Win Gatchalian has vowed to prioritize the passage of a bill in the 18th Congress that will spur microgrid development in unserved and underserved areas nationwide to help the government achieve its goal of 100% household electrification level by 2022.
Circular for smart grid in the makingMonday, July 15, 2019
A circular on the policy governing the adoption of smart grid technologies for the Philippine electric industry and roadmap for distribution utilities is being crafted by the Department of Energy (DoE).
Joint Congressional Power Commission renamed as Joint Congressional Energy CommissionWednesday, July 10, 2019
The Joint Congressional Power Commission (JCPC), which serves as the country’s primary watchdog in the power sector, has been renamed to reflect the expansion of its oversight powers to the entire energy sector with the recent passage of Republic Act (RA) No. 11285 or the Energy Efficiency and Conservation Act, Senator Win Gatchalian said.
ERC sorts out ‘stock offering’ scope for power firmsWednesday, July 10, 2019
The Energy Regulatory Commission (ERC) has spelled out the parameters as to what can be considered as stock offering of the generation companies (GenCos) and the distribution utilities (DUs), other than an initial public offering (IPO) at the Philippine Stock Exchange.
Cusi pushes China oil dealFriday, July 5, 2019
Energy Secretary Alfonso Cusi said he expects to complete the framework on the oil and gas cooperation with China this year before the expiration of a memorandum of understanding the two countries signed in December 2018.
PSALM to auction off two power plant propertiesTuesday, July 2, 2019
Two state-owned facilities in Misamis Oriental and Cebu are being auctioned off by the Power Sector Assets and Liabilities Management Corp. (PSALM).
DOE defers implementation of fuel costs unbundling policyFriday, June 28, 2019
As the Department of Energy (DOE) made manifestation at the Court that it will need to republish its Circular, the much-anticipated implementation of the fuel costs unbundling policy will have to be deferred from its originally targeted enforcement today (June 29).
Business groups ask Duterte to review Solar Para sa Bayan BillWednesday, June 26, 2019
Several business groups on Wednesday asked President Rodrigo Duterte to review the Solar Para sa Bayan bill which was recently ratified in Congress.
PSALM invites firms to supply Malaya dieselSunday, June 23, 2019
State-run Power Sector Assets and Liabilities Management Corp. is inviting bidders to supply diesel oil to the 650-megawatt Malaya thermal power plant in Rizal even as government prepares for its privatization.
Gatchalian eyes ERC cooperation with PCCFriday, June 21, 2019
Senator Sherwin Gatchalian on Friday urged the Energy Regulatory Commission to sign a collaboration agreement with the Philippine Competition Commission to ensure consumer protection in the energy sector.
DOE to scrap off-grid subsidies for commercial, industrial usersThursday, June 20, 2019
The Department of Energy (DOE) is advancing policy steps on the removal of subsidies for commercial and industrial end-users operating in island-grids; and will just confine the grant of subsidies to poor or marginalized end-users.
ERC urged to include consumers in power contracts reviewThursday, June 13, 2019
Murang Kuryente on Thursday joined a mobilization of consumers calling on the Energy Regulatory Commission (ERC) to include end users of electricity in discussions on the competitive selection process (CSP).
DOE, PCC team up for drive to protect power consumersWednesday, June 12, 2019
The Department of Energy (DOE) and Philippine Competition Commission (PCC) have teamed up to step up consumer welfare protection in the energy industry.
DOE sets template contract on RE choice for consumersTuesday, June 4, 2019
The Department of Energy (DOE) is firming up a “template contract” that shall guide Renewable Energy (RE) industry players in their offer of capacity or ‘clean energy supply’ to consumers.
Congress ratifies Solar Para sa Bayan BillTuesday, June 4, 2019
The House of Representatives and the Senate ratified on Monday the proposed measure granting a renewable energy distribution franchise to Solar Para Sa Bayan Corp. (SPSBC).
Sec. Cusi highlights priority programs for 2019-2022Tuesday, June 4, 2019
Department of Energy (DOE) Secretary Alfonso G. Cusi yesterday (June 3) reiterated the urgency of successfully fulfilling the Department’s priority programs for 2019-2022.
ERC eyeing ‘benchmark price’ in CSPMonday, June 3, 2019
The Energy Regulatory Commission (ERC) is targeting to prescribe a “benchmark rate” that shall serve as reference price in the conduct of Competitive Selection Process (CSP) in the supply contracting of the Private Distribution Utilities (DUs) and the electric cooperatives (ECs) of the country.
DOE to draft farm-in, farm-out agreement rulesMonday, June 3, 2019
The Department of Energy (DOE) is set to craft rules on the Philippine National Oil Company – Exploration Corporation’s (PNOC-EC) possible deals after the passage of an executive order allowing third party participation in oil and gas ventures.
DOE orders ‘detailed calculation’ of oil price adjustmentsSaturday, June 1, 2019
The country’s oil companies are being required to submit regular report to the Department of Energy (DOE) fleshing out the ‘detailed calculation’ of the price adjustments they have been enforcing at petroleum pumps.
NPC seeking bids for two diesel-hybrid systems in BoholFriday, May 31, 2019
The National Power Corp. (Napocor) is soliciting bids for the design, supply and installation of two 50-kilowatt (kW) solar PV-diesel hybrid systems for the islands of Balicasag and Cuaming in Bohol province.
NGCP offers to link Palawan and MindoroFriday, May 31, 2019
National Grid Corp. of the Philippines asked the Energy Regulatory Commission to approve the first stage of the Palawan-Mindoro Interconnection project that will secure the future power supply of Palawan.
Duterte inks EO allowing third party participation in oil explorationFriday, May 31, 2019
President Rodrigo Duterte has signed an Executive Order that approves of third party participation in exploring, developing, and utilizing the country’s energy resources such as oil and gas.
DOE temporarily suspends int’l petroleum contracting roadshowsThursday, May 30, 2019
The Department of Energy (DOE) will not proceed for now on its next three-country swing of roadshows for the country’s petroleum contracting round – the sorties prospectively targeting investors in Canada, United Arab Emirates and Argentina.
DOE defers to OSG on Malampaya arbitration awardWednesday, May 29, 2019
The Department of Energy (DOE) will formally consign to the Office of the Solicitor General (OSG) the next legal step that the government will pursue to enforce the P146.8-billion “partial award” on the tax case that was won by the Malampaya consortium from recent international arbitration proceedings.
Bicam oks Anti-Obstruction of Power Lines ActTuesday, May 28, 2019
A bicameral conference committee composed of lawmakers from the Senate and the House of Representatives has approved a bill establishing a mechanism that will allow for the responsive maintenance and rehabilitation of transmission, sub-transmission, and distribution lines to ensure the uninterrupted conveyance of electricity from power plants to consumers.
Solar Para Sa Bayan bill granted with 25-year franchiseTuesday, May 28, 2019
The recent passage of the franchise bill of Solar Para Sa Bayan (SPSB) raised questions from lawmakers and industry stakeholders as they cited its “clear violations” of the law after the bill garnered 16 votes from the Senate.
Senate okays franchise for Solar Para sa BayanMonday, May 27, 2019
The Senate on Monday approved on third and final reading a measure seeking to grant Solar Para sa Bayan Corporation (SPSB Corp.) a renewable energy distribution franchise.
Cusi wants power retailers to submit demand estimatesFriday, May 24, 2019
Energy Secretary Alfonso Cusi wants power distributors to submit their demand projections to ensure future security of supply following the Supreme Court ruling that directed them to conduct a competitive selection process, or public bidding, in their electricity purchases.
NEA plans to modify norms for evaluating co-opsThursday, May 23, 2019
The National Electrification Administration (NEA) has proposed changes to the way it evaluates the performance of electric cooperatives by including their energization level among the parameters, the agency said on Thursday.
‘Murang Kuryente’ measures hurdles bicam; ratification seen next weekThursday, May 23, 2019
The Senate and House of Representatives are set to ratify next week the proposed “Murang Kuryente Act,” which could end up taking effect in September.
Competitive bidding for PSAs startsWednesday, May 22, 2019
Power distribution utilities (DUs) should start undertaking competitive bidding for the power supply agreements (PSAs) affected by the Supreme Court decision, the Department of Energy said.
DOE may issue circular to enforce SC ruling on competitive selectionTuesday, May 21, 2019
THE Department of Energy (DoE) is meeting with Manila Electric Co. (Meralco) and other stakeholders that are expected to be affected by the Supreme Court (SC) decision requiring all power supply agreements (PSAs) forged after June 30, 2015 to undergo a competitive selection process (CSP).
Gov’t on road show to draw interest to energy auctionTuesday, May 21, 2019
The Department of Energy (DoE) is taking to the United States and other parts of the globe its road show to drum up interest in the Philippine Conventional Energy Contracting Program (PCECP) after it extended the deadline for investors to submit their application to explore pre-determined oil and gas reserves in the country.
DOE hastens power supply competitive biddingsMonday, May 20, 2019
To comply with a recent verdict of the Supreme Court (SC), the Department of Energy (DOE) is finding ways how it can fast-track the conduct of competitive selection process (CSP) or bidding on the power supply contracting of distribution utilities (DUs) so brownouts can be prevented.
ERC explores options on retail competition, open accessTuesday, May 14, 2019
The Energy Regulatory Commission is working on a solution to fully implement retail competition and open access (RCOA), which was blocked by a temporary restraining order (TRO) issued by the Supreme Court.
Old plants supply 80% of power in LuzonTuesday, May 14, 2019
The Energy Regulatory Commission (ERC) said almost 80 percent of electricity generated in Luzon comes from aging power plants or those built about two decades ago.
ERC summons electricity stakeholdersFriday, May 10, 2019
Anticipating the release of the Supreme Court (SC) ruling stating that all Power Supply Agreements (PSAs) between Generation companies and Distribution Utilities are required to undergo the Competitive Selection Process (CSP) on or after June 30, 2015, the Energy Regulatory Commission (ERC) summoned the concerned electric power industry stakeholders and required them to submit information that will enable the agency to assess the possible impact of the SC decision.
New energy efficiency law a ‘win’ for consumers – GatchalianThursday, May 9, 2019
President Rodrigo Duterte’s signing into law of the “landmark” Energy Efficiency and Conservation Act is a timely victory for consumers, Senator Sherwin Gatchalian said Thursday.
ERC assessing power supply deals affected by SC decisionWednesday, May 8, 2019
Some distribution utilities (DUs) may lose fraction of their contracted supply as a result of the Supreme Court (SC) decision mandating all power supply agreements (PSAs) from June 30, 2015 to go through competitive selection process (CSP) or bidding.
ERC tackles SC ruling on supply deals with power stakeholdersTuesday, May 7, 2019
The Energy Regulatory Commission (ERC) will undertake measures, including meetings with the Department of Energy (DOE) and affected power players following the Supreme Court (SC) decision requiring competitive bidding to secure power supply agreements (PSAs).
SC requires bidding for all power supply agreementsTuesday, May 7, 2019
The Supreme Court (SC) has ordered all power supply agreements (PSA) submitted by distribution utilities (DU) to the Energy Regulatory Commission (ERC) on or after June 30, 2015 to undergo competitive selection process (CSP).
ERC’s competitive selection rules expected in 30 daysMonday, May 6, 2019
The Energy Regulatory Commission (ERC) expects to issue within 30 days its final rules on competitive selection process (CSP), a scheme that chooses the lowest-cost power for consumers, including a provision on replacement power that will require the generation companies to shoulder the cost of unscheduled plant outages.
Power deals should undergo competitive selection process, SC tells Meralco, DUsMonday, May 6, 2019
The Supreme Court (SC) has ordered the Manila Electric Company (Meralco) and other Distribution Utilities (DU) to pick their respective power suppliers through Competitive Selection Process (CSP).
Microgrid dev’t pushed to hasten total electrificationMonday, May 6, 2019
The Senate Committee on Energy chaired by Senator Sherwin T. Gatchalian on Monday pushed for the approval by Congress of a bill that would spur microgrid development in unserved and underserved areas nationwide as the government targets 100 percent household electrification level by 2022.
NGO asks for a review of EPIRAThursday, May 2, 2019
Murang Kuryente Partylist (MKP), a non-government organization (NGO), yesterday urged Congress to punish abusive power companies and implement fundamental reforms in the power sector which would swing the balance of power in favor of consumers instead of power companies.
Power panel passes amendments to EPIRA IRRThursday, May 2, 2019
The Joint Congressional Power Commission (JCPC) on Thursday approved amendments to the implementing rules and regulations (IRR) of the Electric Power Industry Reform Act Law (EPIRA) to facilitate the granting of benefits to host communities.
SC ruling to delineate PCC, ERC responsibilitiesWednesday, May 1, 2019
The division of labor between the Philippine Competition Commission (PCC) and the Energy Regulatory Commission (ERC) will be clarified once the Supreme Court decides on a case which was elevated by the power regulator, according to a PCC official.
DOE seeks WESM registration for more power generatorsWednesday, May 1, 2019
The Department of Energy (DoE) said embedded generation plants, or those that are not directly connected to the power grid but supply electricity to a distinct area, are now required to register with the Wholesale Electricity Spot Market (WESM).
Power producers cite need for more peaking plantsSunday, April 28, 2019
The country needs to develop more peaking power plants – or those plants that can run during peak hours – in order to address any sudden spikes in demand and address the problem of brownouts, according to the country’s power producers.
WESM operator appoints new presidentThursday, April 25, 2019
In less than a year, the market operator of the Wholesale Electricity Spot Market (WESM) is having its second president in Engineer Jose Mari T. Bigornia, replacing lawyer Francis Saturnino Juan whose term at the Independent Electricity Market Operator of the Philippines (IEMOP) had been cut short to April 30 this year.
DOE tightens rule on pass-on charges to consumersMonday, April 22, 2019
On account of the recent breakdown of power plants, the Department of Energy (DOE) said it will further tighten the rules on the pass-on of different cost components in the electricity bills of consumers – including the replacement power being secured by generation companies (GenCos) when their facilities suffer forced outages.
NGCP activates new facilities serving Bataan, PampangaWednesday, April 17, 2019
The National Grid Corp. of the Philippines (NGCP) said it energized an expanded substation and transmission line in Bataan, ensuring more reliable transmission of power in the province.
WESM operator readies Mindanao electricity marketFriday, April 12, 2019
Independent Electricity Market Operator of the Philippines, operator of the Wholesale Electricity Spot Market, is laying the groundwork for the eventual operations of the Mindanao electricity spot market this year.
ERC green lights NGCP transmission projectThursday, April 11, 2019
The Energy Regulatory Commission (ERC) has given the green light to the transmission project of the National Grid Corp. of the Philippines (NGCP) in Northern Luzon to improve the overall power grid system.
ERC approves P1.9 billion Cebu - Lapu-Lapu lineMonday, April 8, 2019
The Energy Regulatory Commission approved the P1.884-billion Cebu–Lapu-Lapu Transmission Project of National Grid Corporation of the Philippines that will help strengthen the Visayas transmission backbone.
DOE order to refine retail competition and open accessFriday, April 5, 2019
The Department of Energy is set to come out with a circular to assure further the smooth implementation of the retail competition and open access, where customers are given the choice to use their own supplier.
ERC gives generation companies more time to hike capacity limitsThursday, April 4, 2019
The Energy Regulatory Commission (ERC) has decided to extend the deadline for the setting of installed generating capacity (IGC) and market share limitations to June 30 to ensure an accurate annual review.
Bill tapping Malampaya fund to pay for NPC debt seen ratified before Congress concludesTuesday, April 2, 2019
The Murang Kuryente Bill, which will settle the National Power Corp.’s (NPC) obligations by tapping the P208-billion net national government share in the Malampaya fund, is expected for ratification when the congressional session resumes in May.
NGCP spends P316 million to upgrade Pampanga transmission systemTuesday, March 26, 2019
The National Grid Corp. of the Philippines (NGCP) has invested P316 million to improve power reliability in Pampanga.
ERC reduces FIT-All charge in electric billsMonday, March 25, 2019
The feed-in-tariff allowance (FIT-All) line item in the electric bills of consumers had been reduced by P0.0337 per kilowatt-hour from the current P0.2563 per kwh charge in the billings.
DOE modifying rules on certification of duty-free importation of RE equipmentThursday, March 21, 2019
The Department of Energy (DOE) will be re-casting the set of rules on its issuance of certificates for duty-free importation of equipment, machinery and spare parts that will be utilized for renewable energy (RE) projects in the Philippines.
NAPOCOR sees April decision on Agus rehabilitation planTuesday, March 19, 2019
The National Power Corp. (Napocor) expects the government to make a decision in April on the rehabilitation of the Agus hydroelectric power complex in Mindanao, with three options being studied by the World Bank.
Cusi: 2 private firms keen on oil storage facilitiesFriday, March 15, 2019
Two private companies have proposed to put oil storage facilities to help secure the country’s reserve requirements, the Department of Energy said Friday.
Delay in Energy World Corp. power plant disrupts DOE's supply planWednesday, March 13, 2019
The delay in the gas-fired power plant of Australian firm Energy World Corp. (EWC) “hurts” the Department of Energy’s power supply planning, DOE Secretary Alfonso Cusi said.
Cusi opposes higher blend for biodieselTuesday, March 12, 2019
Energy Secretary Alfonso Cusi has called for more studies on increasing the biodiesel blend, saying it could have an impact on pump prices especially in the wake of recent successive oil price increases.
NGCP lines up key transmission projectsMonday, March 11, 2019
National Grid Corp. of the Philippines has lined up critical transmission projects to ensure reliable power to the economy until 2040.
TransCo nears full payment of feed-in tariff backlogThursday, March 7, 2019
The National Transmission Corp. (TransCo) expects to wipe out the backlog to be paid to renewable energy (RE) developers under the feed-in tariff (FIT) within the month.
Bicam approves Murang Kuryente ActThursday, March 7, 2019
The bicameral conference committee has approved the proposed “Murang Kuryente Act” which would help consumers avail of lower electricity costs.
PECO seeks TRO against MORE Power takeover of Iloilo franchiseThursday, March 7, 2019
PANAY ELECTRIC Company, Inc. (PECO), which is poised to lose its 95-year power distribution license in Iloilo City, is seeking a temporary restraining order (TRO) order barring the takeover of new entrant MORE Power and Electric Co. (MORE Power).
Energy dep’t identifies 8 ‘ailing’ electric cooperatives; Philreca criticizes CusiWednesday, March 6, 2019
The Department of Energy (DOE) has reduced to eight from 17 the number of electric cooperatives that are “ailing” and have failed to provide the required services, leaving them open to a possible takeover by private entities.
MORE Power promises Iloilo businesses lower ratesFriday, March 1, 2019
MORE Power and Electric Co. (MORE Power) said it will provide lower power rates when it takes over the concession from Iloilo City from the current power distributor, Panay Electric Co. (PECO).
Power cooperatives told to relocate facilities for infrastructure right-of-wayTuesday, February 26, 2019
Power cooperatives will be given until the end of the year to relocate transmission facilities in the right-of-way (ROW) of national government infrastructure projects.
PSALM sets sale of Malaya Thermal Power Plant on April 24Monday, February 25, 2019
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) has set the sale of the 650-megawatt (MW) Malaya Thermal Power Plant (TPP) after the Holy Week break, its top official said.
More Power granted 25-year distribution franchise in Iloilo CityTuesday, February 19, 2019
President Rodrigo Duterte has signed a law granting More Electric and Power Corp. (More Power), a firm controlled by billionaire Enrique Razon, a 25-year power distribution franchise in Iloilo City.
DOE endorses 42 projects for commercial operationsMonday, February 18, 2019
The Department of Energy (DOE) has endorsed three more power projects for commercial operations, ending 2018 with 42 projects overall.
Malampaya hits all-time high yield in 2018Sunday, February 17, 2019
Malampaya gas field hit an all-time high record last year, producing 150,804 million standard cubic feet (mmscf) of gas, the biggest since the start of its commercial production almost two decades ago.
Senate OKs Murang Kuryente Act on third readingMonday, February 11, 2019
The Senate has approved on third and final reading a bill authorizing the use of the ₱207-billion Malampaya Fund to pay off the stranded contract costs and stranded debt of the National Power Corporation (Napocor).
Solon pushes for the removal of VAT on electricityMonday, February 11, 2019
Senator Paolo “Bam” Aquino IV has called on the government to remove the value added tax (VAT) on electricity to help ease the concerns of power consumers from the high prices of basic needs and services.
Malampaya fund to retire PSALM debtsSaturday, February 9, 2019
In a legislative measure that already passed third and final reading in the Senate, P207 billion of the Malampaya fund had been permitted to be applied in expunging power sector liabilities that were placed under the charge of the state-owned firm.
Leviste willing to accept proposed amendments to Solar Para sa Bayan's franchiseTuesday, February 5, 2019
The owner of Solar Para Sa Bayan Corp., the company that is seeking a legislative franchise to put up minigrid systems nationwide, is willing to compromise and accept the amendments proposed by electric utilities including the regulation of its power rates and a limit to its scope of operation.
PCC backs solar franchise but wants competition rules in placeTuesday, February 5, 2019
The Philippine Competition Commission (PCC) said it supports attempts by a solar energy company to seek a legislative franchise to operate all over the country, but only after a regulatory framework is in place to guard against anti-competitive practices.
ERC steps up on meter-testing facilitySaturday, February 2, 2019
The Energy Regulatory Commission (ERC) is reinforcing its meter-testing laboratory for it to gain ISO accreditation that will then give it the leverage to ramp up within scale of internationally-recognized standards.
DOE demands transparency from oil industry playersFriday, February 1, 2019
The Department of Energy (DOE) wants to explore legal means that could force oil companies to be more transparent on their margins for profit.
Murang Kuryente bill deemed not enough to lower power costMonday, January 28, 2019
Civil society groups have called for the overhaul of the Electric Power Industry Reform Act (EPIRA) of 2001, saying the current energy reforms are not enough to reduce the high cost of electricity.
NGCP may defer IPOMonday, January 28, 2019
The National Grid Corp. of the Philippines (NGCP) is seeking to defer its initial public offering (IPO) beyond the mandated period under a concession agreement with the government.
Malampaya shutdown worries Energy's CusiSunday, January 27, 2019
The Department of Energy is considering several measures to prevent price spikes during the expected shutdown of the Malampaya gas field in northwest Palawan in October.
DOE guarantees secure energy supply even with "Build, Build, Build"Friday, January 25, 2019
Following Senator Juan Ponce Enrile’s concerns over a possible power crisis and energy supply deficiency, the Department of Energy (DOE) assured the public that there are ongoing efforts to secure the country’s future energy requirements.
DOE wants expanded nuclear power body placed under Palace's watchFriday, January 25, 2019
The Department of Energy (DOE) is pushing for the creation of an expanded inter-agency nuclear power development body that shall be headed by the Office of the President, especially on the sphere on regulation.
DOE tap all possible resources to assure national energy securityThursday, January 24, 2019
Department of Energy (DOE) Secretary Alfonso G. Cusi yesterday (23 January) underscored the need to tap all available energy resources to assure the country’s energy security amidst ever growing demand during the DOE-hosted TED Talk of policy expert Mr. Michael Shellenberger on “Why We Need Nuclear Energy”.
Nuclear power policy set to be issued soonWednesday, January 23, 2019
The Energy Department is hoping that President Rodrigo Duterte will soon sign the executive order for a national policy on nuclear power development.
PSALM steps up ‘negotiated deal’ for Malaya thermal plantTuesday, January 22, 2019
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is inviting all interested investors for its propounded negotiated deal for a property which was previously a site for the Manila thermal power facility.
Soosan bags Malaya power plant contractTuesday, January 22, 2019
State-run Power Sector Assets and Liabilities Management Corp. awarded the service contract for the one-year operation and maintenance of the 650-megawatt Malaya Thermal Power Plant to Soosan ENS Co. Ltd. of South Korea
7 investors seeking DOE clearance for 14 petroleum blocksMonday, January 21, 2019
A good mix of seven local and foreign investors are seeking clearance from the Department of Energy (DOE) for their targeted nomination of service areas in at least 14 petroleum blocks qualifying under the Philippine Conventional Energy Contracting Program.
DOE sets conditions on planned WESM-Mindanao establishmentSunday, January 20, 2019
The Department of Energy (DOE) has laid down at least six conditions for it to firm up its go-signal on the establishment of the propounded Wholesale Electricity Spot Market (WESM) in Mindanao grid as targeted around June this year.
NGCP expands eastern Visayas transmission networkSaturday, January 19, 2019
The National Grid Corporation of the Philippines (NGCP) has expanded its transmission line network in Eastern Visayas with the addition of a major transmission line and the upgrade of two substations.
PSALM to set new bidding for Malaya valuation consultantWednesday, January 16, 2019
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) will schedule another bidding on the consultancy services that will draw up the valuation and reserve price for the 650-megawatt Malaya power facility’s targeted privatization this year.
PSALM seeks offers for 2.1-ha Paco propertySaturday, January 12, 2019
Power Sector Assets and Liabilities Management Corp. (PSALM) has called for offers for the negotiated sale of a 2.1-hectare property that hosted the Manila Thermal Power Plant in Paco, Manila, at a floor price of P736.37 million