9 prospective bidders meet at pre-bid conference for Mt. Apo IPPA auction
"A total of nine (9) prospective bidders have attended the Pre-Bid Conference for the selection and appointment of the independent power producer administrator (IPPA) for the output of the Mindanao I and II (Mt. Apo 1 and 2) Geothermal Power Plants," Power Sector Assets and Liabilities Management (PSALM) Corporation's Atty. Elmer Nonnatus A. Cadano, Officer-in-Charge and Privatization, Bids and Awards...
Mt. Apo 1 and 2 IPPA bidding draws 9 investor groups
"The selection and appointment of the independent power producer administrator (IPPA) for the output of the Mindanao I and II (Mt. Apo 1 and 2) Geothermal Power Plants has drawn the interest of nine investor groups," according to Power Sector Assets and Liabilities Management (PSALM) Corporation President and Chief Executive Officer Emmanuel R. Ledesma, Jr....
Davao del Norte, Compostella Valley to face blackouts as DANECO faces disconnection, PSALM warns
With the outstanding unpaid obligations of the Davao del Norte Electric Cooperative, Inc. (DANECO) already ballooning to more than PhP500 million (PhP576,453,319.08), the Power Sector Assets and Liabilities Management (PSALM) Corporation warned that the provinces of Davao del Norte and Compostella Valley - areas being served by DANECO - could face massive blackouts due to an impending disconnection....
PSALM to purchase oil requirements of several power plants
The Power Sector Assets and Liabilities Management (PSALM) Corporation is looking for bidders for the supply and delivery of industrial fuel oil (IFO) requirements of the Malaya Thermal Power Plant (TPP) and Naga Power Plant Complex, as well as engine lubricating oil (ELO) needs of Power Barges (PBs) 101 and 102, and PB 104. The four (4) procurement projects were launched on Tuesday (27 May 2014) with the public announcement of the Invitation to Bid....
PSALM to purchase 2.55 million liters of IDO for power plants
The Power Sector Assets and Liabilities Management (PSALM) Corporation will purchase a total of 2.55 million liters of industrial diesel oil (IDO) for use by the Malaya Thermal Power Plant (TPP) located in Pililla, Rizal; the Naga Power Plant in Naga City, Cebu; Power Barges (PBs) 101 and 102 moored in Bo. Obrero, Iloilo City; and PB 104 in Ilang, Davao City. The announcement was formalized by PSALM...