GCG - Approved Restructuring Plan of PSALM Corproation
Murang Kuryente Act
- Implementing Rules and Regulations of Republic Act No. 11371, "An Act Reducing Electricity Rates by Allocating Portion of the Net National Government Share from the Malampaya Natural Gas Project for the Payment of the Stranded Contract Costs and Stranded Debts" Otherwise Known as the "Murang Kuryente Act";
- FY 2022 Murang Kuryente Act Allocation;
- Updates on the Implementation of Murang Kuryente Act;
- FY 2023 Murang Kuryente Allocation;
- FY 2024 Murang Kuryente Allocation;
Particulars | Total Amount | Remarks/Details |
---|---|---|
Appropriated MKA Allocation for FY 2023 | PHP8,000,000,000.00 | Department of Budget and Management (DBM) letter dated 25 July 2022 informed PSALM of the recommended MKA allocation for FY 2023 |
Actual Utilization | PHP8,000,000,000.00 | 1st Quarter – PHP5,000,000,000.00 2nd Quarter – PHP3,000,000,000.00 |
Particulars | Total Amount | Remarks/Details |
---|---|---|
Appropriated MKA Allocation for FY 2024 | PHP8,000,000,000.00 | Department of Budget and Management (DBM) letter dated 06 July 2023 informed PSALM of the recommended MKA allocation for FY 2024 |
Actual Utilization | PHP8,000,000,000.00 | 1st Quarter – PHP8,000,000,000.00 |
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