New PSALM President and CEO named
The Governing Board of the Power Sector Assets and Liabilities Management Corporation (PSALM) has elected Mr. Dennis Dela Serna as its President and Chief Executive Officer (CEO) following the release by Malacañang of his appointment as Acting President and CEO of the Corporation and Member, PSALM Board of Directors last 15 September 2022....
SPPC’s payables to PSALM relative to the 1200MW Ilijan Power Plant
PSALM read news articles yesterday reporting that San Miguel Corporation’s South Premiere Power Corporation (SPPC) is seeking the approval of the Energy Regulatory Commission (ERC) for temporary price adjustment of its 2019 power supply agreement with Manila Electric Company allegedly due to staggering increases in fuel prices....
PSALM welcomes comments on the terms of the Casecnan Plant sale
The Power Sector Assets and Liabilities Management Corporation (PSALM) held a pre-bid conference on 22 November 2022 for the sale of the 165-megawatt Casecnan Hydroelectric Power Plant (CHEPP), affording Bidders the opportunity to ask questions and request for clarification on concerns relative to the requirements stated in the Bidding Procedures. ...