Newsroom
Year: 2006

SN Aboitiz Power submits highest bid for Magat plant


The Power Sector Assets and Liabilities Management Corporation (PSALM) today proclaimed the consortium of Norway's SN Power and Aboitiz Power Corporation as the highest bidder for the 360-megawatt (MW) Magat Hydroelectric Power Plant in Ramon, Isabela....

PSALM, NIA sign O&M Agreement for Magat HEPP


The Power Sector Assets and Liabilities Management Corporation (PSALM) and the National Irrigation Administration (NIA) have signed the commercial terms and conditions for the lease contract for the NIA lands underlying a portion of the 360-megawatt Magat Hydroelectric Power Plant (HEPP) that will be auctioned off on 14 December. ...

PSALM releases APA for Magat HEP


The Power Sector Assets and Liabilities Management Corporation (PSALM) released to bidders on Thursday, 30 November, the final version of the Asset Purchase Agreement (APA) and Land Lease Agreement (LLA) for the sale of the 360-megawatt (MW) Magat Hydroelectric Power Plant (MHEPP) that is set to be auctioned off on 14 December....

PSALM holds 3rd round of comments for TransCo bidding


The Power Sector Assets and Liabilities Management Corporation (PSALM) has decided to give the prequalified bidders for the 25-year concession of the National Transmission Corporation (TransCo) a third opportunity to comment on and clarify the amendments, revisions and modifications in the bidding procedures before the bid transaction documents are finalized....

PSALM opens bidding for decommissioned plant


Encouraged by strong investor confidence in and support for the government's privatization program, the Power Sector Assets and Liabilities Management Corporation (PSALM) recently commenced the sale process for one of its decommissioned assets, the Manila Thermal Power Plant (MTPP)....




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