Warm response to Investors' Forum affirms confidence in RP economy, power industry
The Philippine economy, particularly the electric power industry, received a vote of confidence anew from the business community as at least 150 representatives of the country's various sectors attended the annual Investors' Forum sponsored by the Power Sector Assets and Liabilities Management Corporation (PSALM), the government's power privatization arm. ...
Ambuklao-Binga hydro complex on the auction block
Heeding the call of the Department of Energy to accelerate the power privatization program, the Power Sector Assets and Liabilities Management Corporation (PSALM) recently opened the auction of the 75-megawatt (MW) Ambuklao and 100-MW Binga hydroelectric power plants....
Towards achieving a culture of quality and competitiveness
The Philippines needs to boost its culture of quality and competitiveness through quality work processes in organizations, enterprises and corporations, particularly in the public sector, to strengthen its niche in the global landscape....
Masinloc Power Partners Co. Ltd bags 600-MW Masinloc plant
The Power Sector Assets and Liabilities Management Corporation (PSALM) has declared the consortium of Masinloc Power Partners Co. Ltd. as the highest bidder in the auction of the 600-megawatt (MW) Masinloc Coal-Fired Thermal Power Plant that the government power privatization firm held in its Makati office yesterday (26 July 2007)....
PSALM hands over Certificate of Effectivity, final transaction documents for Masinloc power plant sale to winning bidder
The Power Sector Assets and Liabilities Management Corporation (PSALM) today (28 August 2007) handed over the Certificate of Effectivity (COE) for the sale of the 600-megawatt (MW) Masinloc Coal-Fired Thermal Power Plant to winning bidder Masinloc Power Partners Co. Ltd. (MPPCL). The COE came exactly two weeks after PSALM issued the Notice of Award to MPPCL on 14 August 2007. Together with the...