Effective 06 October 2019, PSALM Corporation may be reached by dialing (02) 7902 9000 for Globe/Innove and (02) 8248 4800 for PLDT. Thank you.

PSALM adjusts bid date for Malaya plant and its underlying land


In view of the enhanced community quarantine throughout Luzon to avert the spread of COVID-19, the Power Sector Assets and Liabilities Management Corporation (PSALM) has adjusted the deadline for the submission of bids for the Third Round of Public Bidding for the Malaya Thermal Power Plant (MTPP) and its underlying land from 30 April to 19 May 2020 at 12 noon....

PSALM refutes SPPC’s claim that it learned of its payables from media


The Power Sector Assets and Liabilities Management Corporation (PSALM) transmitted monthly invoices to San Miguel Corp.’s South Premiere Power Corporation (SPPC) and sent a number of demand letters, contrary to SPPC’s allegations that it did not receive any. ...

PSALM: San Miguel’s payables are based on the bid it submitted for the Ilijan plant


The payables of San Miguel’s South Premiere Power Corporation (SPPC) as computed by the Power Sector Assets and Liabilities Management Corporation (PSALM), are based on the bid that San Miguel offered to PSALM in 2010 for the Ilijan Power Plant. PSALM refutes SPPC’s claim that it has no payables due to PSALM considering it already remitted P314.6 billion. Notwithstanding such remittance, SPPC still owes PSALM P23.94 billion....

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