Tag: p300-b
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DoE seeks PSALM extension to prevent P300-B liability for gov’t
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THE DEPARTMENT of Energy (DoE) said the corporate life of Power Sector Assets and Liabilities Management Corp. (PSALM) should be extended to prevent the government from assuming P300 billion in liabilities. Energy Secretary Raphael P.M. Lotilla said that the government initially expected it would take 25 years to complete the…