05:28 AM April 24, 2020
As part of its response to the COVID-19 pandemic, the
Power Sector Assets and Liabilities Management Corp. (PSALM) remitted to
several local governments units (LGUs) a total of P46 million, representing
their share in first-quarter revenues as hosts of renewable energy-based power
plants.
The LGUs of Benguet, Bukidnon, Laguna, Lanao del Norte,
Lanao del Sur and Pangasinan were given their revenue share through bank
transfers. —Ronnel W. Domingo
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