17 investor groups attend Calaca pre-bid conference
The privatization program of the Power Sector Assets and Liabilities Management Corporation (PSALM) continues to receive a positive response as 17 prospective bidders attended the pre-bid conference for the 600-megawatt Calaca Coal-Fired Thermal Power Plant held last Wednesday, 18 July. Eighteen investor groups had signified their interest to participate in the auction of the Batangas-based power facility when its Invitation to Bid was issued on 06 July....
PSALM welcomes ERC decision, reaffirms support for WESM dev't
The Power Sector Assets and Liabilities Management Corporation (PSALM) is optimistic that the termination of the investigation on its alleged market power abuse will consolidate efforts within the power sector to further promote privatization, competition, and market development.
PSALM President Jose C. Ibazeta said they continue to maintain its good working relationship with stakeholders and "coordinate...
Eighteen parties keen on Calaca plant rebidding
The Power Sector Assets and Liabilities Management Corp. (PSALM) has disclosed that 18 parties have expressed interest to participate in the third round of bidding for the 600-megawatt (MW) Calaca Coal-Fired Thermal Power Plant located in Barangay San Rafael, Calaca, Batangas.
PSALM made the announcement after the deadline for the submission of the Confidentiality Agreement and Undertaking and the...
Encouraged by the warm investor response to the ongoing privatization of the 600-megawatt (MW) Masinloc Coal-Fired Thermal Power Plant, the Power Sector Assets and Liabilities Management Corporation (PSALM) today formally reopened the third round of bidding for its other coal-fired power facility - the 600-MW Calaca Thermal Power Plant.
In an Invitation to Bid it published in local newspapers, PSALM...
PSALM launches new round of bidding for TransCo concession
Following the series of road shows that it conducted earlier this month to promote the privatization of the National Transmission Corp. (TransCo), the Power Sector Assets and Liabilities Management Corporation (PSALM) officially opened a new round of bidding for the 25-year concession contract to construct, finance, operate and maintain the facilities and assets of TransCo....