Starting October 1, 2018 our new office address is "24th Floor Vertis North Corporate Center 1, Astra corner Lux Drives, Vertis North, Mindanao Avenue, 1105 Quezon City Philippines" • Contact Number: (632) 902 9000

PSALM pays 6th batch of claimants for Power Barge 103 oil spill indemnities


The Power Sector Assets and Liabilities Management Corporation (PSALM) resumed on 03 September 2018 the distribution of compensation checks to the families and enterprises in the Municipality of Estancia, Iloilo affected by the oil spill from Power Barge (PB) 103. Then docked at Barangay Botongon in Estancia, PB 103 ran aground during the onslaught of Supertyphoon Yolanda on 08 November 2013....

PSALM to rebid sale of Manila Thermal Power Plant Land


The Power Sector Assets and Liabilities Management Corporation (PSALM) will rebid the Manila Thermal Power Plant (MTPP) Land as soon as the roadmap for the second round of bidding is finalized. ...

PSALM sets minimum bid price for Manila Thermal Power Plant land property


The Power Sector Assets and Liabilities Management Corporation (PSALM) is republishing its Invitation to Bid (ITB) on 8 to 10 August 2018 for the sale of the Manila Thermal Power Plant (MTPP) Land setting the Board approved minimum bid price for the property at PHP885,746,650.00. ...