In addition to the power assets, the EPIRA also directed PSALM to take ownership and implement a sale or privatization program for the real estate and all other disposable assets.
As of 31 December 2024, PSALM has a total reconciled real estate asset with a land area of around 120 million square meters (sqm), consisting of 6,952 lots located in various parts of the country.
Privatized / Disposed REAs: 2,086 lots = 1,492.33 has.
LUZON | VISAYAS | MINDANAO |
---|---|---|
Bataan CC Land (29.42 has.) Batangas CFTPP Land (40.42 has.) Batangas CFTPP LLA (109.98 has.) Magat HEPP Land (13.02 has.) Masinloc CFTPP Land (119.78 has.) Masinloc CFTPP LLA (18.36 has.) Pantabangan HEPP Land (7.55 has.) Bauang DPP Land (26.13 has.) Barit HEPP LLA (2.22 has.) Laoag Land (0.35 ha.) Limay Housing (8.40 has.) Naga Bicol Land (0.019 ha.) Tiwi LLA ( 368.4 has.) San Roque HEPP (0.886 ha.) Makban LLA (176.1 has.) Malaya TPP Land (26.28 has.) Paco-Manila Property ( 2.10 has.) Bataan Properties ( 5.51 has.) Ilijan Land LLA (0.79 has.) Ilijan Land (25.87 has.) Camalaniugan Property (0.21 ha.) Maibarara LLA (4.91 has.) Puerto Azul (0.017 ha.) Cawayan LLA (0.29 has.) Sudipen Property (0.18 has.) Sucat Property (11 has.) Pagbilao CFTPP LLA (117.71 has.) Sual CFTPP LLA (293.62 has.) |
Cebu DPP Land (10.94 has.) Naga Cebu Land (21.81 has.) Naga Cebu LLA ( 10.79 has.) Bohol DPP Land (2.75 has.) Palinpinon LLA (2.9 has.) Loboc Property (1.32 has.) Panay DPP LLA (16.17 has.) Panay DPP land (0.63 has.) |
Aplaya Land (13.93 has.) Agusan Property (1.06 has.) Maco Property (0.16 has.) Nasipit Property (0.34 has.) Agus 5 Property (0.0048 has.) |
Excluded Assets and Other Disposable Assets
PSALM disposed of the following excluded assets from sold plants such as spare parts, equipment, scrap materials, and other disposable items:
Assets/Package | Location |
---|---|
1. Unserviceable Assets, Junk and Scrap Materials (formerly Package 2) | Kalayaan Pumped Storage Power Plant (KPSPP) Kalayaan, Laguna and Caliraya Hydroelectric Power Plant (CHEPP) Caliraya, Lumban, Laguna |
2. Unserviceable Structures and Equipment of the Malaya Gas Turbine Units | Malaya Thermal Power Plant in Brgy. Malaya, Pililla, Rizal |