The Power Sector Assets and Liabilities Management (PSALM) Corp. has reduced its financial liabilities to P283.65 billion as of end-March from the 2003 pea.
Privatization of assets allows PSALM to reduce debt businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.
Therma Quezon Energy Inc. (TQE), a subsidiary of Aboitiz Power Corp., plans to develop a $1-billion liquefied natural gas (LNG) terminal and combined cycle power plant with a capacity of 1,310 megawatts (MW). Dubbed as Pagbilao 4 and 5 LNG-to-Power Project, TQE is targeting to start the commercial operation of…
Meralco hikes January power rates cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
POWER rates will slightly go up by P0.0846 per kilowatt hour (kWh) this month, bringing the overall rate to P11.3430 per kWh from P11.2584 per kWh in December. For residential customers consuming 200 kWh, the adjustment is equivalent to an increase of around P17 in their total electricity bill.…