Newsroom
Year: 2013

PSALM reacts to malicious reports in relation to the bidding


PSALM President and CEO Emmanuel R. Ledesma, Jr. is making an appeal to the people behind the malicious reports to set aside their political, business, and/or personal interests relative to the PB 103 oil spill and grounding in Iloilo. PSALM is seeking the support of all groups and government agencies concerned, so that this problem will be resolved as soon as reasonably possible. The procurement...

PSALM Attends Inter-Agency "Task Force Oil Spill" Meeting in Iloilo


Today, PSALM representatives, Danielle-Anne O. Rubinos (Chief of Staff, Office of the President and CEO) and Angelito Jamisolamin (Human Resources and Administrative General Services), together with contractor Kuan Yu Global Technologies, Inc., attended the inter-agency task force meeting called by Iloilo Governor Arthur Defensor Sr. The meeting was held at the Governor's conference room and presided...

K-Water gives to Yolanda victims


Angat hydropower plant winning bidder Korea Water Resources Development Corp. (K-Water) has donated a total of 100 million Korean won (KRW) to aid the victims of Super Typhoon Yolanda (International Name: Haiyan), Power Sector Assets and Liabilities Management (PSALM) Corporation President and Chief Executive Officer Emmanuel R. Ledesma, Jr. reported recently. "On behalf of government, we thank...

PSALM Procures a Contractor for the PB 103, Looks Forward to Privatization


On 11 November 2013, at 7:01 A.M., PSALM received information from the National Power Corporation (NPC), which operates and maintains Power Barge (PB) 103, that PSALM's PB 103 sustained heavy damage, bunker fuel spilled due to damaged fuel tanks, and mooring chains were cut off, as an unfortunate result of Typhoon Yolanda that hit Estancia, Iloilo on 08 November 2013. PSALM then required the security...

PSALM provides initial assistance for families affected by PB 103 oil spill


Emmanuel R. Ledesma, Jr., Power Sector Assets and Liabilities Management (PSALM) Corporation President and CEO, reported that the company provided initial financial assistance to the families affected by the Power Barge (PB) 103 oil spill in Estancia. On 26 November 2013, PSALM issued a check in the amount of One Million Five Hundred Thousand Pesos (PhP1,500,000.00) to the Provincial Government...




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