Calaca Holdco Inc. declared highest bidder for Calaca power plant
The consortium of Calaca Holdco Inc. (CHI) has been declared by the Power Sector Assets and Liabilities Management Corporation (PSALM) as the highest bidder in the auction of the 600-megawatt (MW) Batangas (Calaca) Coal-Fired Thermal Power Plant that the government power privatization firm conducted in its Makati office yesterday (16 October 2007).
CHI offered USD786.53 million (USD786,527,001.00)...
PSALM confident of selling Calaca Power Plant
The Power Sector Assets and Liabilities Management Corporation (PSALM) is confident of gaining the full support and participation of the qualified investor groups in the bidding exercise for the 600-megawatt (MW) Batangas (Calaca) Coal-Fired Thermal Power Plant to be held tomorrow (16 October) at the PSALM offices in Makati City.
PSALM's confidence was bolstered after it successfully worked with...
PSALM starts third round of bidding for Manila Thermal plant
The Power Sector Assets and Liabilities Management Corporation (PSALM) has officially opened the third round of bidding for the decommissioned or retired Manila Thermal Power Plant (MTPP) located at Isla de Provisor in Paco, Manila, as it takes advantage of the positive feedback from investors on the government's privatization program....
5 groups submit prequalification proposals for TransCo concession
Five prospective bidder consortia of the 21 interested parties that expressed interest to participate in the bidding for the 25-year concession of the National Transmission Corporation (TransCo) have submitted their prequalification proposals to the Power Sector Assets and Liabilities Management Corporation (PSALM)....
List of prequalified bidders for TransCo not final
The Power Sector Assets and Liabilities Management Corporation (PSALM) said there is as yet no final list of prequalified bidders for the bidding for the 25-year concession of the National Transmission Corporation (TransCo) to be held in December. In a statement, PSALM said the prequalification results cannot be considered final because bidders are entitled under the Bidding Procedures to a reconsideration...