Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 1531034
[Title] => Meralco rates up this month
[Summary] => Customers of Manila Electric Co. (Meralco) will see their electricity bills go up slightly this month as the generation charge rose for the second consecutive month.
[DatePublished] => 2015-12-09 09:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20141008/meralco-increase-october.jpg
)
[1] => Array
(
[ArticleID] => 1530525
[Title] => DOF, DOE to discuss Ilijan power contract
[Summary] => The Departments of Energy and Finance are looking to resolve the dispute between the power unit of San Miguel Corp. and state-run Power Sector Assets and Liabilities Management Corp. (PSALM) involving the 1,200-megawatt (MW) Ilijan combined-cycle power plant.
[DatePublished] => 2015-12-08 09:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 1508349
[Title] => Meralco rates down anew
[Summary] => Power rates will go down for the sixth consecutive month this October due to lower generation charge, the Manila Electric Co. (Meralco) announced yesterday.
[DatePublished] => 2015-10-07 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20141008/meralco-increase-october.jpg
)
[3] => Array
(
[ArticleID] => 1505686
[Title] => SMC scores injunction vs PSALM in Ilijan case
[Summary] => SMC Global Power Holdings Corp., the power generation arm of diversified conglomerate San Miguel Corp., has scored a preliminary injunction against Power Sector Assets and Liabilities Management Corp. (PSALM) from terminating an agreement involving the 1,200-megawatt Ilijan combined cycle power plant.
[DatePublished] => 2015-09-30 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 1500922
[Title] => PSALM error strengthens SMC case over Ilijan contract
[Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) has inadvertently admitted it made an error in the interpretation of one of the provisions of the 1,200-megawatt Ilijan combined-cycle power plant independent power producer administrator (IPPA) contract with South Premiere Power Corp. (SPPC), which SMC Global Holdings Corp. claims reinforces its case for the illegal termination of the IPPA contract.
[DatePublished] => 2015-09-17 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140328/san-miguel-corporation.jpg
)
[5] => Array
(
[ArticleID] => 1500165
[Title] => SMC power unit suing PSALM for ‘intentional breach of contract’
[Summary] => SMC Global Power Inc. of the San Miguel Group is taking further legal action against the management of the Power Sector Assets and Liabilities Management Corp. (PSALM) for not honoring a 2010 independent power producer administration (IPPA) agreement involving the 1,200-megawatt Ilijan combined cycle power plant, its top official said yesterday.
[DatePublished] => 2015-09-15 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20150916/Ang-14.jpg
)
[6] => Array
(
[ArticleID] => 1499773
[Title] => Respect TRO on Ilijan contract, SMC Global Power tells PSALM
[Summary] => SMC Global Power Inc. of the San Miguel Group said the Power Sector Assets and Liabilities Management Corp. (PSALM) should respect the 17-day temporary restraining order (TRO) issued by a local court against its illegal termination of the independent power producer contract for the 1,200-megawatt (MW) Ilijan power plant in Batangas.
[DatePublished] => 2015-09-14 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20150124/transmision-plant-4.jpg
)
[7] => Array
(
[ArticleID] => 1499053
[Title] => Court grants extension
[Summary] => We have just learned from our sources in the judiciary that the Regional Trial Court of Mandaluyong last Sept. 11 granted the application of South Premiere Power Corp. (SPPC), a San Miguel Corp. subsidiary, to extend by another 17 days the 72-hour temporary restraining order granted by the court on Sept. 8 to preserve the status quo and prevent the Power Sector Assets and Liabilities Management Corp. or PSALM from terminating its independent power producer administration (IPPA) agreement with SPPC.
[DatePublished] => 2015-09-12 10:00:00
[ColumnID] => 134315
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 1498642
[Title] => PSALM stands pat on termination of power contract with SMC unit
[Summary] => The state-run Power Sector Assets and Liabilities Management Corp. (PSALM) stands firm on its decision to terminate its independent power producer administration (IPPA) agreement in the 1,200-megawatt Ilijan combined cycle power plant with South Premiere Power Corp., a unit of SMC Global Power Holdings Corp., due to the latter’s failure to pay over P6 billion in generation fees for three years.
[DatePublished] => 2015-09-11 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 1497846
[Title] => SMC Global Power gets TRO vs PSALM
[Summary] => SMC Global Power Holdings Corp, the power generation arm of San Miguel Corp., has scored an initial victory in its dispute with the Power Sector Assets and Liabilities Management Corp. (PSALM).
[DatePublished] => 2015-09-09 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1804708
[AuthorName] => Iris Gonzales
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
