PSALM shortlists five firms for Diliman property design contest


After a rigorous selection process, the Power Sector Assets and Liabilities Management Corporation (PSALM) shortlists five architectural firms that will proceed to the Second Stage of the Architectural Conceptual Design Contest for the master planning and redevelopment of the 5.1-hectare Diliman property. These firms are expected to design a development concept based on the highest and best use of the property....

PSALM continues settlement of indemnities for Power Barge 103 oil spill


The Power Sector Assets and Liabilities Management Corporation (PSALM) resumed on 11 April 2019 its distribution of compensation checks to individuals, families, and enterprises who were affected by the Power Barge (PB) 103 Oil Spill at the height of Super Typhoon Yolanda in 08 November 2013. The 32-megawatt PB 103 was then moored at Brgy. Botongon in the Municipality of Estancia, Iloilo when it was swept aground due to strong winds and storm surge. ...

PSALM found ISO-compliant, receives certification in second Surveillance Audit


The Power Sector Assets and Liabilities Management Corporation (PSALM) adheres to international standards for its quality management system (QMS), as confirmed by third party auditor TÜV Rheinland after its extensive audit last 03 December 2018 on PSALM’s business processes and quality objectives....

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