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The Manila Electric Company (MERALCO) is in talks with government-owned Power Sector Assets and Liabilities Management Corporation (PSALM) for possible supply as the power giant is forced to look for other options...
The 1,200-megawatt Ilijan gas-fired power plant’s build-operate-transfer (BOT) contract will expire in June next year, but the Power Sector Assets and Liabilities Management Corporation (PSALM) noted that there is no definitive plan...
The National Grid Corporation of the Philippines (NGCP) is eyeing the conversion of 35 “non-firm” contracts to firm-based arrangements for the provision of reserves or ancillary services (AS) to the power grid,...
Upcoming hydroelectric projects in Mindanao will be up for evaluation soon, in line with efforts to balance the use of fossil fuel and renewable energy power sources, according to an official of...
Government-run Power Sector Assets and Liabilities Management Corporation (PSALM) has already collected Php653.218 billion out of the Php911.04 billion in proceeds from the divestment of National Power Corporation’s (NAPOCOR) power generation and...
Government-run Power Sector Assets and Liabilities Management Corporation (PSALM) has approved the request of Fort Pilar Energy, Inc. to assign its right to purchase the 650-megawatt Malaya Thermal Power Plant (MTPP) to...
Government-owned firms Philippine National Oil Company (PNOC) and Power Sector Assets and Liabilities Management Corporation (PSALM) have signed a memorandum of understanding (MOU) for the possible sale of “banked gas” from the Malampaya...
Malacanang has ordered the Energy Regulatory Commission (ERC), Department of Justice (DOJ), and the Philippine Competition Commission (PCC) to help the Department of Energy (DOE) in its investigation of 17 generation companies...
Less than a week after Davao-based tycoon Dennis Uy secured control of the Malampaya gas-to-power project, Phoenix Petroleum — a firm under his Udenna Group — is said to be offering to...
After surprising the energy sector with its winning bid, Fort Pilar Energy, Inc. is planning to transform the 650-megawatt Malaya Thermal Power Plant (MTPP) and its land into a “modern energy facility.”...
