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                    [ArticleID] => 369826
                    [Title] => PEMC fails to decide on alleged price fixing of PSALM at WESM
                    [Summary] => 



The board of the Philippine Electricity Market Corp. (PEMC) has failed to come up with a decision on whether to slap a penalty or not against the Power Sector Assets and Liabilities Management Corp. (PSALM) for its alleged price fixing at the wholesale electricity spot market (WESM).


PEMC president Lasse Holopainen told reporters that though the board had already reviewed the results of the investigation and heard the recommendation submitted by Market Surveillance Committee (MSC), they would try to formally release the findings of PEMC probe by Wednesday (Nov. 22).


                    [DatePublished] => 2006-11-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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DISPUTES COMMITTEE

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                    [ArticleID] => 369826
                    [Title] => PEMC fails to decide on alleged price fixing of PSALM at WESM
                    [Summary] => 



The board of the Philippine Electricity Market Corp. (PEMC) has failed to come up with a decision on whether to slap a penalty or not against the Power Sector Assets and Liabilities Management Corp. (PSALM) for its alleged price fixing at the wholesale electricity spot market (WESM).


PEMC president Lasse Holopainen told reporters that though the board had already reviewed the results of the investigation and heard the recommendation submitted by Market Surveillance Committee (MSC), they would try to formally release the findings of PEMC probe by Wednesday (Nov. 22).


                    [DatePublished] => 2006-11-20 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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abtest

PEMC fails to decide on alleged price fixing of PSALM at WESM

By Donnabelle L. Gatdula | November 20, 2006 - 12:00am

The board of the Philippine Electricity Market Corp. (PEMC) has failed to come up with a decision on whether to slap a penalty or not against the Power Sector Assets and Liabilities Management Corp. (PSALM)...

Business