Press Releases
Year: 2021

PSALM adjusts bid date for properties in Limay, Bataan


The Power Sector Assets and Liabilities Management Corporation (PSALM) has adjusted the deadline for the submission of bids for its real estate assets located in Brgys. Luz and Kitang II in Limay, Bataan from 05 November to 09 November 2021....

PSALM to file a Motion for Reconsideration on ERC’s decision to penalize it for the Malaya Shutdown


The Power Sector Assets and Liabilities Management Corporation (PSALM) is very surprised to receive the decision of the Energy Regulatory Commission (ERC) penalizing it for the shutdown of the Malaya Thermal Power Plant (MTPP) Unit 2. Said ERC decision was in connection with the investigation of the circumstances that caused the red alert and yellow alert that happened on 31 May 2021 to 2 June 2021. MTPP’s Unit 2 has not been in operation since 3 March 2021, long before the red alert and yellow alert incidents. ...

PSALM declares Soosan ENS as lowest bidder for the operation and maintenance contract of Casecnan Power Plant


The Power Sector Assets and Liabilities Management Corporation (PSALM) declared Soosan ENS Co. Ltd. (Soosan ENS) as the lowest bidder during the evaluation of bids held on 12 October 2021 for the procurement of the Operation and Maintenance Service Contract (OMSC) for the Casecnan Hydroelectric Power Plant (CHPP). The next stage is for PSALM to subject the bid of Soosan ENS to the post-qualification process, pursuant to Republic Act No. 9184. ...

PSALM to bid out properties in Limay, Bataan


The Power Sector Assets and Liabilities Management Corporation (PSALM) is selling its real estate assets located in Brgys. Luz and Kitang II in Limay, Bataan through public bidding. These assets cover an estimated area of 139,054 square meters divided into 14 lots....

PSALM conducts pre-bid conference for the procurement of the operation and maintenance service contract for Casecnan hydro plant


The Power Sector Assets and Liabilities Management Corporation (PSALM) conducted on Friday, 24 September 2021, the pre-bid conference for the procurement of the Operation and Maintenance Service Contract (OMSC) for the 165-megawatt Casecnan Hydroelectric Power Plant (CHPP). ...




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