Rappler's latest stories on Power Sector Assets and Liabilities Management Corporation
PHINMA Energy eyes 45-megawatt solar plant in Batangas
The company wins a solar service contract for the right to explore and develop a 486 hectare area in Batangas from the Department of Energy
PHINMA Energy to file case against PSALM
The case is to stop PSALM from removing PHINMA Energy as administrator of a 40 megawatt geothermal power plant in Leyte
PSALM seeks to impose additional universal charge on electricity users
State run PSALM requests regulatory approval to pass on to consumers the National Power Corporation s P3 7 billion debt
10 gov’t firms fail to remit P68B in dividends – COA
State auditors find that from 2004 to 2014 these GOCCs either did not declare failed to record failed to remit or under remitted their dividends
SC orders awarding of Naga Power Plant to Aboitiz's Therma Power
A high court ruling gives the operation and ownership contract of the Naga Power Plant Complex to AboitizPower s Therma Power Visayas Incorporated
ERC: Probe vs Meralco, gencos over 2013 rate hike a 'priority'
The commission says a decision would hopefully be coming this year
SMC files plunder complaint against PSALM head
UPDATED The conglomerate alleges that PSALM President Lourdes Alzona connived with officials of energy firm Team Energy to the detriment of the government and SMC
PSALM’s Ledesma seeks Malacañang intervention over suspension
PSALM President CEO Emmanuel Ledesma Jr says the board wrongly interpreted a provision of the Governance Commission for GOCC Law in suspending a presidential appointee like him
DOE plans to delay Mindanao coal plant privatization
Energy Secretary Petilla says an early auction could cause price shocks and he wants to wait until other plants are built first
PSALM chief Ledesma on 90-day preventive suspension
No official reason is provided for the suspension of Ledesma who is the subject of PSALM employees complaints
Palace reiterates need for emergency powers
The government is working on other options to mitigate the power shortage especially as summer nears as it awaits lawmakers action on its emergency powers request
Meralco to heed CA’s order on P5B refund
The utility firm says the appellate court’s order is a ‘welcome relief’ to its consumers
CA orders Meralco to refund P5B to customers
The Court of Appeals requires the utility firm to refund consumers for the transmission line costs they were forced to pay
Gov't rejects labor suit dues, warns vs power rate hikes
Finance Secretary Cesar Purisima says that the beneficiaries of the P60 2 billion in back wages were mostly rehired after their termination anyway
Gov’t to earn $3.2B from power gen privatization
About 1600 megawatts of power generation capacity are up for privatization the Power Sector Assets and Liabilities Management Corporation says
Electricity rates to go up P0.5143/kWh due to PSALM suit
PSALM warns of a hike in the universal charge if it is forced to settle over P60 B in damages from a suit filed by former employees
San Miguel still interested in Angat hydro power plant
The government has agreed to sell the facility to South Korea s K Water at a reduced price
Gov't warns of power shortage, addt'l charges amid PSALM's money woes
PSALM warns a court s garnishment order will paralyze its operations preventing it to address the power shortage next year while the DOE says the order will result in additional charges for consumers
Petilla: Illegal for PSALM to make spot market bid without power
Before the High Court Energy Secretary Jericho Petilla tags as illegal PSALM s spot market bid when it has no ability to dispatch power
PSALM avoids losses by keeping plant offline during Malampaya shutdown
PSALM has been hit for not using the Malaya plant – a move critics said would have mitigated price spikes at WESM
PSALM offers P2M to Estancia families after oil spill
PSALM offers financial help to the families in Estancia hit hard by Typhoon Yolanda and an oil spill caused by a barge it owns
