PSALM chief stresses need for industry cooperation
As part of its commitment to fast-track the power privatization efforts of the government, the Power Sector Assets and Liabilities Management Corporation (PSALM) continues to work hand in hand with the private sector in establishing a more favorable investment climate that will attract more investors in the electricity industry. ...
Open access, retail competition on the horizon
Open access and retail competition in the Philippine power industry will soon become a reality....
20 parties attend Masinloc prebid conference
Twenty of the 22 investor groups that have expressed interest in the bidding for the 600-megawatt (MW) Masinloc coal-fired power plant attended the prebid conference held by the Power Sector Assets and Liabilities Management Corp. (PSALM) in its Makati City office Tuesday, 08 May....
PSALM turns over Magat power plant to SNAP!
The Power Sector Assets and Liabilities Management Corporation (PSALM) formally turned over control of the 360-megawatt Magat Hydroelectric Power Plant to winning bidder SN Aboitiz Power Inc. (SNAP!) last Wednesday, 25 April. At 12:01 a.m. on 26 April, SNAP! began operations of the Isabela-based power facility....
Gov't attaches power supply contract to Masinloc sale
The Power Sector Assets and Liabilities Management Corporation (PSALM), working in tandem with the National Power Corp., has attached an aggregate 264.514 megawatts (MW) of power supply contracts to the 600-MW Masinloc coal-fired plant as part of its commitment to fast-track the government's power privatization program. ...