PSALM president and CEO Emmanuel R. Ledesma Jr. said in a statement Friday that other generation firms as well as distribution utility Manila Electric Co. (Meralco) were aware of Malaya's situation and that the plant did not cause the record P4.15/kWh increase in power rates last December. As such, they should have made adjustments to try to manage power rates and should not put the blame on Malaya, Ledesma said.