PSALM employees association gets accreditation
It took a while, but the patience and perseverance of the officers and members of the PSALM Association of Corporate Employees (PACE) finally paid off....
PSALM Board statement on decision to rebid TransCo
To ensure that the public has full confidence in the integrity and transparency of the government's processes with regard to the privatization of the National Transmission Corp. (TransCo), the Power Sector Assets and Liabilities Management Corp. (PSALM) board has decided to conduct another bidding. ...
TransCo bidding declared a failure
The Power Sector Assets and Liabilities Management Corporation (PSALM) today, 05 February, declared the bidding for the 25-year concession of the National Transmission Corporation a failure after only one investor group out of the three prequalified bidders participated in today's bidding exercise....
ERC assures TransCo bidders of stable regulation
The Energy Regulatory Commission (ERC) yesterday assured the three investor groups bidding for the 25-year concession of the National Transmission Corporation (TransCo) of transparency and stability in the regulatory framework that would guide the business operation of TransCo. ...
RP, World Bank to ink agreement on power asset transfer
The Power Sector Assets and Liabilities Management Corporation (PSALM) is set to sign amendment agreements with the World Bank signifying the creditor's universal consent to the transfer of the debts and assets of the National Power Corporation and National Transmission Corporation (TransCo) to PSALM. ...