PSALM to release TransCo final bid documents on 22 January, auction to be held in two weeks
Finance Secretary Gary B. Teves and Energy Secretary Raphael P.M. Lotilla announced that the Power Sector Assets and Liabilities Management Corporation (PSALM) will release the final bid documents for the 25-year concession of the National Transmission Corporation on Monday, 22 January. The public auction will be held two weeks later.
Secretary Teves and Secretary Lotilla are the chairman and vice...
PSALM issues Notice of Award to winning bidder for Magat power plant
The Power Sector Assets and Liabilities Management Corporation (PSALM) yesterday issued the Notice of Award to the consortium of Norway's SN Power and Aboitiz Power Corporation (SNAP) officially declaring the group as the winning bidder for the 360-megawatt (MW) Magat Hydroelectric Power Plant in Ramon, Isabela....
Nine bidders attend pre-bid conference for retired Manila Thermal plant
Nine of 10 interested parties recently participated in the pre-bid conference conducted by the Power Sector Assets and Liabilities Management Corporation (PSALM) as part of the preparations for the forthcoming auction of the 200-megawatt (MW) Manila Thermal Power Plant (MTPP). Located at Isla del Provisor in Ermita, the MTPP is one of the National Power Corporation's retired or decommissioned power facilities....