PSALM resumes sale of Naga Complex; Right to top okay
With clearance from its board of directors, the Power Sector Assets and Liabilities Management (PSALM) Corporation will resume the sale of the 145.8-megawatt (MW) Naga Power Plant Complex (NPPC) in the second semester.
The approval came after the Department of Justice (DoJ) confirmed in an opinion dated 09 January 2013 that the "right-to-top" provision included in PSALM's bidding documents was not...
PSALM sets bidding for Cebu Thermal coal requirements
The Power Sector Assets and Liabilities Management (PSALM) Corporation has opened the bidding for the procurement of the coal requirements of the Cebu Thermal Power Plant (CTPP).
According to PSALM President and CEO Emmanuel R. Ledesma, Jr., "the procurement of the plant's coal requirements would ensure a more stable power supply particularly in the Visayas grid."
The Invitation to Bid (ITB)...
Bidding set for industrial diesel oil for 4 power plants
The Power Sector Assets and Liabilities Management (PSALM) Corporation recently launched the bidding for the procurement of industrial diesel oil (IDO) for four power plants through the publication of an Invitation to Bid (ITB) on 11 April 2013.
"These fuel procurements for the Malaya Thermal Power Plant, the Naga Power Plant Complex, and Power Barges (PB) 101 and 102 would ensure stability in the...
PSALM opens bidding for ELO requirements of power barges
The Power Sector Assets and Liabilities Management (PSALM) Corporation has launched the bidding for the procurement of engine lubricating oil (ELO) for Power Barges (PB) 101-104 through the publication of an Invitation to Bid (ITB) on Thursday, 11 April 2013.
"We need to ensure the reliability of these barges, which usually cater to the additional power requirements of the Visayas and Mindanao grids...
PSALM awards diesel supply contracts
The contracts to supply and deliver the industrial diesel oil (IDO) requirements of Power Barge (PB) 103, the Western Mindanao Power Corporation (WMPC), and the Southern Philippines Power Corporation (SPPC) have been awarded to Petron Corporation, and the IDO requisites of PB 104 to Phoenix Petroleum Philippines, Inc., the Power Sector Assets and Liabilities Management (PSALM) Corporation announced...