News Room
Year: 2013

PSALM launches IPPA selection for Unified Leyte


The Power Sector Assets and Liabilities Management (PSALM) Corporation has commenced the selection process for the Independent Power Producer Administrators (IPPAs) for the Unified Leyte Geothermal Power Plants (ULGPP) through an Invitation to Bid (ITB) published last Wednesday, 31 July 2013. PSALM said an interested party can participate as an IPPA for the "bulk energy" and/or the "strips of energy." An...

PSALM pushes Naga plant rebidding


The Power Sector Assets and Liabilities Management (PSALM) Corporation still hopes to successfully privatize the 153.1-megawatt (MW) Naga Power Plant within the year after the first round of bidding was declared a failure. "We will conduct a second round of bidding pursuant to the PSALM Board's approval and we hope to successfully bid it out this year," PSALM President and Chief Executive Officer...

PSALM procures diesel requisites of Ilijan nat gas plant


The Power Sector Assets and Liabilities Management (PSALM) Corporation will procure 30 million liters worth of industrial diesel oil (IDO) for the Ilijan Natural Gas Power Plant (NGPP), as announced in an Invitation to Bid (ITB) published on Friday, 26 July 2013. The ITB stated that the contract for the supply and delivery of the Ilijan NGPP's diesel requirements has an approved budget of PhP1.2...

PSALM sells power barges


The Power Sector Assets and Liabilities Management (PSALM) Corporation on 18 July 2013 published the Invitation to Bid (ITB) for Power Barges (PBs) 101, 102, 103 and 104, signalling the commencement of the power assets' sale process. The ITB states that interested parties must submit to PSALM a Letter of Interest (LOI) not later than 5:00 p.m. on 01 August 2013 the LOI Submission Deadline. Participants...

PSALM sets bidding for Agus VI uprating project


With its publication of the invitation to bid on Tuesday (16 July 2013), the Power Sector Assets and Liabilities Management (PSALM) Corporation has commenced the bidding for the uprating of Units 1 and 2 of the Mindanao-based Agus VI Hydroelectric Power Plant (HEPP). "The uprating project intends to augment the power supply in Mindanao in about three years' time by increasing the power generating...




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