PSALM holds pre-bid conference for the sale of Mexico Property
The Power Sector Assets and Liabilities Management Corporation (PSALM) held a pre-bid conference on 24 September 2020 as part of the process for the sale of its 50,447 sq. meter Mexico Property, located in Barangay Lagundi, Mexico, Pampanga. The bid submission deadline for this asset is scheduled on 20 October 2020 at 2:00 PM....
PSALM to re-evaluate marketability of Malaya plant and underlying land
The Power Sector Assets and Liabilities Management Corporation (PSALM) was constrained to declare a failure of the third round of public bidding for the sale of the 650-megawatt Malaya Thermal Power Plant and its underlying land in Pililla, Rizal (MTPP), after none of the pre-qualified bidders submitted a bid....
PSALM to sell its prime land property in Mexico, Pampanga
The Power Sector Assets and Liabilities Management Corporation (PSALM) is selling its 50,447 sq. meters (5.447 hectares) land property in Barangay Lagundi, Mexico, Pampanga. The Minimum Bid Price for the property is set at PHP803,151,000.00....
PSALM conducts pre-bid conference for small-value real estate assets
The Power Sector Assets and Liabilities Management Corporation (PSALM) held a pre-bid conference on 15 September 2020 as part of the process for the privatization of five (5) real estate assets located in General Santos City, Loboc, Magdalena, Sudipen and Camalaniugan. This conference enabled interested parties to ask about the sale provisions as well as the process being followed to privatize these assets....
PSALM debt shrinks despite pandemic
The Power Sector Assets and Liabilities Management Corp. (PSALM) has trimmed its financial obligations to P393.3 billion in the January-to-June period from P422 billion at end-2019....