The Official Website of PSALM Corporation

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

PSALM saves PHP510 million in real property taxes with the issuance of Executive Order No. 83

28 Feb 2025

The Power Sector Assets and Liabilities Management (PSALM) Corporation has reduced its Real Property Tax (RPT) liabilities for CY 2024 from five (5) Build-Operate-Transfer (BOT) power plants, cutting the total amount from PHP626.46 million to PHP116.52 million, leading to a total savings of PHP509.94 million....

Department of Justice’s (DOJ) legal opinion on the dividend remittances to the national government (NG) received by PSALM

28 Aug 2024

The DOJ issued Opinion No. 38, Series of 2024 on 14 August 2024 to address: (1) Whether or not the National Transmission Corporation (TransCo) is required to remit dividends to the NG under Republic Act (RA) No. 7656 otherwise known as the Dividend Law; and (2) Whether or not the interest income from the deferred payment on the concession fee is part of the net profit to be remitted by the TransCo to PSALM, pursuant to the RA No. 9136 or the Electric Power Industry Reform Act (EPIRA) of 2001. ...

PSALM conducts successful pre-proposal conference for CBK plants, attracts interest from five (5) potential bidders

19 Jul 2024

The Power Sector Assets and Liabilities Management (PSALM) Corporation conducted a successful pre-proposal conference on 12 July 2024 for the privatization of the Caliraya-Botocan-Kalayaan (CBK) Hydroelectric Power Plant Complex in Lumban, Majayjay, and Kalayaan Laguna, attracting significant interest from five (5) key industry players. The conference served as a pivotal event in the pre-bidding process, providing detailed insights into the CBK Plant Complex’s assets and inviting robust participation from potential bidders....

GCG Whistleblowing Policy

A. For Privatization / Sale

B. For Procurement ( Procurements / Projects Archive )

C. For Disposal (Office Property and Equipment)