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Fresh River Lakes Corporation can now freely acquire Casecnan Hydroelectric Power Plant from state-owned Power Sector Assets and Liabilities Management Corporat

The Philippine Competition Commission (PCC) has given its nod to Fresh River Lakes Corp.’s (Fresh River) proposed acquisition of the Casecnan Hydroelectric Power Plant (CHEPP) from state-owned Power Sector Assets and Liabilities Management Corp. (PSALM) and National Irrigation Administration (NIA). PCC said the Commission en banc cleared Fresh River, a…

BAYOMBONG, Nueva Vizcaya: A government-owned and -controlled corporation (GOCC) has appealed to the Provincial Local Government Unit of Nueva Vizcaya (PLGU-NV) to condone its obligation amounting to more than P111 million in accumulated penalties and surcharges for its failure to pay in time more than P153.84 million in transfer tax to the province.

SPEAKING OUT Dec. 6 was a very memorable day for Oscar Ileto Violago (Oca to classmates and friends, OIV to business associates.) After 29 trying years, Oca’s vision for a new and abundant water source for Metro Manila finally became a reality. The day marked the inauguration of the Tayabasan we

The National Irrigation Administration (NIA) has transferred 60 percent of its 100 percent ownership over the massive P33.75 billion Casecnan Multipurpose Irrigation and Power Project (CMIPP) to the Power Sector Assets and Liabilities Management Corporation (PSALM). NIA Administrator Ricardo R. V