MARKET, regulatory and even climate challenges continued to hound the power sector in May-October last year, the 17th status report on Electric Power Industry Reform Act implementation read.

This, even as proceeds from the sale of government power assets as of October 2010 totaled $10.65 billion, consisting of $3.47 billion from the sale of generating assets, $3.9 billion in concession fees and $3.23 billion from power output management deals.