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Tag: Ilijan power plant

PSALM told to return $60m bond to SMC

A Regional Trial Court (RTC) in Mandaluyong City has directed the state-run Power Sector Assets and Liabilities Management Corp. (PSALM) to return $60 million...

San Miguel power affiliate cleared of outage violations

San Miguel Global Power Holdings Corp. (SMGP) said Wednesday its affiliate, South Premiere Power Corp. (SPPC), has been cleared of any violations related to...

Rates are rising due to hidden costs of electricity pricing in PH

"Prudence dictates that Meralco reveals significant factors that could raise the cost of electricity supply over time …" Reforms and deregulation in the nation’s power...

Malampaya group says can’t sell banked gas to Ilijan plant

The consortium of the Malampaya deep water-to-gas project, composed of Razon's Prime Energy Resources Development B.V., Dennis Uy's UC38 LL, and state-owned PNOC Exploration...

San Miguel asks PSALM to wait for court’s ruling

Diversified San Miguel Corp. on Monday urged the Finance Department and Power Sector Assets and Liabilities Management Corp. to give the country’s justice system...

PSALM loses bid to junk case vs SMC power unit

State-run Power Sector Assets and Liabilities Management Corp. suffered a setback in its bid to terminate the contract with South Premiere Power Corp., a...

Ilijan standoff to hike power rates

Consumers of Manila Electric Co. will be exposed to price volatilities at the Wholesale Electricity Spot Market, or WESM, if the government terminates the...
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