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Dominguez to PSALM: Disconnect 2 Mindanao ECs with P16B in unpaid bills

June 8, 2022 No Comments

The Department of Finance (DOF) has ordered the Power Sector Assets and Liabilities Management Corp. (PSALM) to cut off electricity supply to Maguindanao Electric Cooperative

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Gatchalian firm, electric coops may P15B utang! PSALM threatens legal action

July 27, 2021 No Comments

The Power Sector Assets and Liabilities Corp. (PSALM) is seeking the payment of P15 billion worth of overdue electricity bills from two cooperatives and a private firm owned by the family of Sen. Sherwin Gatchalian.

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AboitizPower unit takes over Naga power plant

July 16, 2018 No Comments

Therma Power Visayas Inc., a subsidiary of Aboitiz Power Corp., has assumed control of the Naga power plant complex in Cebu.

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PSALM gets greenlight to collect P37B from customers staring July

July 24, 2017 No Comments

The Energy Regulatory Commission (ERC) has cleared state-run Power Power Sector Assets and Liabilities Management Corp.’s (PSALM) move to pass on to consumers the financial obligations of the National Power Corp. (NPC) amounting P37 billion through the universal charge (UC).

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