Newsroom
Year: 2018

PSALM to rebid sale of Manila Thermal Power Plant Land


The Power Sector Assets and Liabilities Management Corporation (PSALM) will rebid the Manila Thermal Power Plant (MTPP) Land as soon as the roadmap for the second round of bidding is finalized. ...

PSALM sets minimum bid price for Manila Thermal Power Plant land property


The Power Sector Assets and Liabilities Management Corporation (PSALM) is republishing its Invitation to Bid (ITB) on 8 to 10 August 2018 for the sale of the Manila Thermal Power Plant (MTPP) Land setting the Board approved minimum bid price for the property at PHP885,746,650.00. ...

PSALM is not blaming the ERC for its liabilities


The Power Sector Assets and Liabilities Management Corporation (PSALM) is not passing blame on the Energy Regulatory Commission (ERC) for its liabilities, contrary to the press release issued by the National Association of General Managers of Electric Cooperative (NAGMEC)....

PSALM turns over Naga Power Complex to Therma Power Visayas, Inc.


The Power Sector Assets and Liabilities Management Corporation (PSALM) turned over the 153.1-megawatt Naga Power Plant Complex (NPPC) to Therma Power Visayas, Inc. (TPVI) on 16 July 2018 in a simple ceremony held at the PSALM Office in Diliman, Quezon City. ...

PSALM bids out one-year contract for Malaya plant operation and maintenance


The Power Sector Assets and Liabilities Management Corporation (PSALM) declared Mindoro Grid Corporation as the lowest bidder at the bid opening it conducted on 30 May 2018 for the procurement of the Operation and Maintenance Service Contract (OMSC) for the 650-megawatt (MW) Malaya Thermal Power Plant (TPP). ...