Newsroom
Year: 2019

PSALM successfully privatizes its land assets in Misamis Oriental, Cebu and Ilocos Norte


The Power Sector Assets and Liabilities Management Corporation (PSALM) successfully privatizes, through public biddings held this afternoon, the following land assets: 1.) 155,504 sq.m. lot in Jasaan, Misamis Oriental; winning bid offer from Panasia Energy, Inc. amounting PHP600,000,000.00 2.) 129,589 sq.m. lot in Talavera and Calong-calong in Toledo City, Cebu; winning bid offer from Panasia Energy, Inc. amounting PHP250,000,000.00 3.) 3,530 sq.m. lot in Barangay 21, P. Gomez St., Laoag City, Ilocos Norte; winning bid offer from Panasia Energy, Inc. amounting PHP84,720,000.00...

PSALM holds pre-bid conference for the sale of Malaya power plant and its underlying land


The Power Sector Assets and Liabilities Management Corporation (PSALM) held a pre-bid conference on 24 October 2019 as part of the second round of bidding for the privatization of the 650-megawatt Malaya Thermal Power Plant (MTPP) and its underlying land. MTPP is located in Pililla, Rizal....

PSALM to rebid the Malaya power plant and its underlying land


The Power Sector Assets and Liabilities Management (PSALM) Corporation will rebid the structures, plant equipment and underlying land of the 650-megawatt Malaya Thermal Power Plant in Pililla, Rizal....

PSALM to rebid Jasaan, Misamis Oriental, Toledo City, Cebu and Laoag City, Ilocos Norte real estate assets


The Power Sector Assets and Liabilities Management Corporation (PSALM) will rebid its real estate assets (REAs) in Barangay Aplaya, Jasaan, Misamis Oriental, Toledo City, Cebu and in Laoag City, Ilocos Norte as soon as it has adjusted the bidding schedule and sought the approval of the PSALM Board to commence the second round of bidding....

PSALM thanks President Duterte for EO No.88 that reduces realty taxes of IPPs


The Power Sector Assets and Liabilities Management Corporation (PSALM) thanks President Rodrigo Duterte for issuing Executive Order No.88, which reduces real property tax (RPT) liabilities of those power generation facilities of independent power producers (IPPs) under Build-Operate-Transfer (BOT) arrangements. ...




Archive Year:

News Titles: