Press Releases
Year: 2023

PSALM reduces financial obligations by P8.44 billion in 2022, attains milestones in other mandates


The Power Sector Assets and Liabilities Management Corporation (PSALM) reduced its assumed financial obligations to P346.76 billion by end of 2022, representing a reduction of P8.44 billion from the P355.25 level at the start of the year despite the hostile market conditions....

PSALM conducts a series of pre-bid conferences to address concerns of bidders of Casecnan Hydroelectric Power Plant (CHEPP)


The Power Sector Assets and Liabilities Management Corporation (PSALM) held its second and third pre-bid conferences on 25 and 27 January 2023, respectively, for the sale of the 165-megawatt Casecnan Hydroelectric Power Plant (“CHEPP” or “Casecnan Plant”). These serve as convenient venues for the interested bidders to inquire and clarify on the terms and conditions of the sale....