PSALM issues Notice of Default to FDC Misamis Power Corporation


PSALM subsequently forfeited the performance bond of FDC Misamis on 11 December 2017, amounting to PhP400 million....

PSALM addresses IPPA concerns in accordance with agreements


Deficiencies in obligations on the part of Independent Power Producer Administrators (IPPAs) are addressed according to the terms stipulated under the IPPA Administration Agreement (IPPA AA), the Power Sector Assets and Liabilities Management (PSALM) Corporation disclosed....

Dismantling of Sucat plant to pave the way for a potential development project


Talks are underway for potential projects that may rise in the Sucat Thermal Power Plant (STPP) site in Muntinlupa City after the impending removal of the plant structures, the Power Sector Assets and Liabilities Management (PSALM) Corporation disclosed....