Press Releases
Year: 2006

TransCo bidding set for November


The Power Sector Assets and Liabilities Management Corporation (PSALM), the agency tasked to privatize the assets of the National Power Corp., including its transmission facilities, has set Tuesday, 07 November 2006 as the bidding date for the 25-year concession to construct, finance, operate and maintain the facilities and assets and implement the rehabilitation and expansion program of the National Transmission Corporation (TransCo). ...

PSALM to rebid Masinloc power plant


The Power Sector Assets and Liabilities Management Corporation (PSALM) will offer anew the 600-megawatt Masinloc coal-fired power plant to interested investors in a public auction....

Makasiar not a PSALM consultant; A Letter to The Daily Tribune publisher Ninez Cacho-Olivares


We have noted with both amusement and annoyance the constant reference of Mr. Gerry Baldo, one of your reporters, to Mr. Garry Makasiar as a consultant of the Power Sector Assets and Liabilities Management Corporation (PSALM)....

PSALM to reject YNN upfront payment


The Power Sector Assets and Liabilities Management Corporation (PSALM) will no longer accept the upfront payment of YNN Pacific Consortium for the 600-megawatt Masinloc coal-fired power plant after the sale contract officially lapses on 06 August even if YNN requests that it be given more time....

Seven bidders attend pre-bid conference for hydroelectric power complex


Seven interested parties recently attended the second pre-bid conference conducted by PSALM for the proposed sale of the 100-megawatt Pantabangan and the 12-megawatt Masiway Hydroelectric Power Plants located in Pantabangan, Nueva Ecija. ...




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