Newsroom
Year: 2015

PSALM completes Mindanao consultative meetings


These consultative meetings complement the annual Mindanao Power Customers' Fora held in Davao City and Cagayan de Oro City in October 2015 which aim to address power-industry specific concerns especially on power generation and management issues. ...

Ten bidders join pre-bid conference for decommissioned Sucat TPP


Ten of 12 prospective bidders participated in the pre-bid conference for the second round of bidding for the structures, plant equipment, auxiliaries and accessories of the decommissioned 850-megawatt (MW) Sucat Thermal Power Plant (STPP) conducted successfully by the Power Sector Assets and Liabilities Management (PSALM) Corporation last Friday (27 November 2015). ...

PSALM settles PhP52.55 billion in financial obligations for 2015


A testament to the success of its liability management program and strategies, the Power Sector Assets and Liabilities Management (PSALM) Corporation has serviced its financial obligations totaling PhP52.55 billion as of 30 September 2015. The amount consisted of PhP19.53 billion in debts, PhP13.27 billion in interest, and PhP19.75 billion in lease obligations to the independent power producers (IPPs)....

PSALM opens 2nd round of bidding for Sucat TPP


The Power Sector Assets and Liabilities (PSALM) Corporation Wednesday (11 November 2015) opened the second round of bidding for the sale of the Structures, Plant Equipment, Auxiliaries and Accessories of the Decommissioned 850 MW Sucat Thermal Power Plant 850-megawatt (MW) Sucat Thermal Power Plant (STPP) located in Muntinlupa City....

PSALM's Official Statement on SC's Decision on "Right to Top"


The Power Sector Assets and Liabilities Management (PSALM) Corporation has yet to receive a copy of the Supreme Court's (SC) decision on the "right to top" issue regarding the Naga Power Plant Complex (NPPC). For the record, the Department of Justice (DoJ) affirmed the legality of the "right to top" the adjoining properties within the NPPC accorded to the owner of the Naga Land-based Gas Turbine...




Archive Year:

News Titles: