New plant owner FGHPC to trade Pantabangan-Masiway power output at WESM
The electricity generated by the 112-megawatt Pantabangan-Masiway hydroelectric power complex in Nueva Ecija is now being traded in the wholesale electricity spot market (WESM) by its new owner, First Gen Hydro Power Corporation (FGHPC)....
The Power Sector Assets and Liabilities Management Corporation (PSALM) is awaiting the official report of the Market Surveillance Committee (MSC) of the Philippine Electricity Market Corporation (PEMC) on its investigation of alleged price manipulation in the Wholesale Electricity Spot Market (WESM)....
PSALM assures transparent bidding for 25-year TransCo concession
Power Sector Assets and Liabilities Management Corporation (PSALM) President Nieves Osorio has assured the three prospective bidders for the 25-year concession of the National Transmission Corporation (TransCo) that the 20 December bidding will be conducted with utmost transparency and integrity....
PSALM, First Gen Hydro exchange closing documents to pave way
for turnover of Pantabangan-Masiway
The Power Sector Assets and Liabilities Management Corp. (PSALM) has submitted the closing documents for the privatization of the Pantabangan-Masiway Hydroelectric Power Plant Complex to winning bidder First Gen Hydro Power Corporation (FGHPC)....
PSALM settles loan obligations of ROMELCO to the Provincial Government of Romblon
The Power Sector Assets and Liabilities Management Corporation (PSALM) has settled the loan obligation of the Romblon Electric Cooperative Inc. (ROMELCO) amounting to P2.12 million to the Provincial Government of Romblon during a ceremonial turnover of the check payment held last Tuesday, 21 November, at the PSALM offices in Makati City....