CY 2025
The Consortium of Aboitiz Renewables, Inc., Sumitomo Corporation, and Electric Power Development Co. (Thunder Consortium) emerged as the highest-ranking bidder,…
The Power Sector Assets and Liabilities Management (PSALM) Corporation remitted a total of PHP8,958,516,307.00 in dividends to the National Government…
The Power Sector Assets and Liabilities Management (PSALM) Corporation, through its Electricity Trading Department (ETD), successfully conducted the 2025 Mindanao…
The Power Sector Assets and Liabilities Management (PSALM) Corporation, through its Universal Charge and Accounts Management Department (UCAMD), is conducting…
The Power Sector Assets and Liabilities Management (PSALM) was recognized for its commitment to regulatory excellence at the Philippine Good…
The Power Sector Assets and Liabilities Management (PSALM) Corporation successfully conducted an Enterprise Risk Management (ERM) Reorientation Seminar on 14…
The Power Sector Assets and Liabilities Management (PSALM) Corporation holds an Integrated Management System (IMS) Reorientation Seminar for newly hired…
In a show of strong support for the Anti-Red Tape Authority’s (ARTA) Ease of Doing Business (EODB) Month – Bawal…
In support of the Anti-Red Tape Authority (ARTA) Memorandum Circular No. 2025-01 titled, “Guidelines for the Observance of the Ease…
During a courtesy visit on 29 April 2025, the Power Sector Assets and Liabilities Management (PSALM) Corporation expressed its gratefulness…
PSALM’s top management, department and division managers, including members and secretariat of the Human Resource Merit Promotion and Selection Board…
One of the significant mandates of PSALM is the effective administration of the Universal Charge (UC). This contributes to the…
The Top Management and Officials of the Power Sector Assets and liabilities Management (PSALM) Corporation convene for the three-day (02-04…
In its Performance Target Conference on 28 March 2025, the Governance Commission for Government-Owned and Controlled Corporations or GOCCs (GCG)…
The Power Sector Assets and Liabilities Management (PSALM) Corporation signed a contract with Exist Software Labs, Inc. on 26 March…
The Power Sector Assets and Liabilities (PSALM) Corporation and Land Bank of the Philippines (LBP) formalized their partnership for the…
The Power Sector Assets and Liabilities Management (PSALM) Corporation signed a Memorandum of Agreement (MOA) with the local government unit…
The Power Sector Assets and Liabilities Management (PSALM) Corporation, in collaboration with the Office of Civil Defense (OCD), successfully conducted…
The Power Sector Assets and Liabilities Management (PSALM) Corporation successfully conducted the bidding for the three (3) lots of its…
CY 2024
MOVE Philippines National Chairperson Reynaldo G. De Guia and MOVE Philippines Vice President Donald Amado Caballero graced the activity and actively…
The Power Sector Assets and Liabilities Management (PSALM) Corporation, through its Universal Charge and Accounts Management Department (UCAMD), recently convened…
The Universal Charge and Accounts Management Department (UCAMD) of Power Sector Assets and Liabilities Management (PSALM) Corporation conducted its one-on-one…
PSALM’s top management and department managers convene for the three-day conduct of the 2024 Corporate Strategic Planning Workshop (CSPW) at…
The Power Sector Assets and Liabilities Management Corporation (PSALM) has leased another office on the 10th floor of Vertis North…
Effective 26 February 2024 at 00:00 hours, FRLC, a subsidiary of First Gen Corporation, is the official owner and operator…
The Power Sector Assets and Liabilities Management Corporation (PSALM) held the Pre-Documentary Deliverables Conference for the selection and appointment of…
In a move to generate additional revenue for the government, the Power Sector Assets and Liabilities Management (PSALM) Corporation has…
CY 2023
The Power Sector Assets and Liabilities Management (PSALM) Corporation successfully conducted the 2023 Investors Forum, held on 01 December 2023…
The Power Sector Assets and Liabilities Management (PSALM) Corporation has been recognized as a top-ranking Government-Owned and Controlled Corporation (GOCC)…
The Power Sector Assets and Liabilities Management (PSALM) Corporation received four special recognitions from PEMC during the Wholesale Electricity Spot…
On 22 September 2023, the Power Sector Assets and Liabilities Management Corporation (PSALM) conducted the 2nd batch of the Luzon…
The Power Sector Assets and Liabilities Management Corporation (PSALM) sold its Sudipen Property to the winning buyer, Mr. Rucil Evangelista…
The Power Sector Assets and Liabilities Management Corporation (PSALM) held its second and third pre-bid conferences on 25 and 27…
CY 2022
The Power Sector Assets and Liabilities Management Corporation (PSALM) and the Local Government of Baguio City signed on 09 December…
The Power Sector Assets and Liabilities Management Corporation (PSALM) received a recognition on 05 December 2022 from the Governance Commission for…
The Power Sector Assets and Liabilities Management Corporation (PSALM) held a pre-bid conference on 22 November 2022 for the sale…
The Power Sector Assets and Liabilities Management Corporation (PSALM) held the 2022 Investors Forum on 12 October 2022 to showcase…
On 15 September 2022, the Power Sector Assets and Liabilities Management Corporation (PSALM) conducted the 2022 Mindanao Power Customers Forum…
The Power Sector Assets and Liabilities Management Corporation (PSALM) has successfully bid out its Puerto Azul assets on 02 February…
From the Philippine Coast Guard:
Philippine Coast Guard (PCG) Commandant, CG Admiral Leopoldo V Laroya expresses his sincere gratitude…
CY 2021
The Power Sector Assets and Liabilities Management Corporation (PSALM) joined the National Irrigation Administration (NIA) for the ceremonial turnover of…
The Power Sector Assets and Liabilities Management Corporation (PSALM) declared on 09 November 2021 a successful public bidding for its…
In a simple ceremony held on 13 September 2021, the Power Sector Assets and Liabilities Management Corporation (PSALM), through its…
The Power Sector Assets and Liabilities Management (PSALM) Corporation received today from Belgrove Power Corporation (Belgrove) the amount of PhP3,123,500,000.00…
The Power Sector Assets and Liabilities Management Corporation (PSALM) is grateful to Mayor Joy Belmonte and to the local government…
PSALM, led by its President and CEO Irene Besido Garcia, and PCG, led by Chief of Coast Guard Staff RAdm.…
DOF Undersecretary Bayani Agabin, PSALM President & CEO Irene Besido-Garcia, and PSALM Vice President for Asset Management Group Arnold Francisco…
CY 2020
The Power Sector Assets and Liabilities Management Corporation (PSALM) held a pre-bid conference on 13 February 2020 as part of…
CY 2019
PSALM joined the Department of Energy (DOE) and the rest of the energy family in launching the 2019 National Energy…
In its second round of bidding held on 16 October 2019, PSALM successfully bid out the 193-square-meter land property in…
The Power Sector Assets and Liabilities Management Corporation (PSALM) has successfully achieved another milestone in its privatization efforts as it…
The winning architectural conceptual design for the development of the Diliman property that the Power Sector Assets and Liabilities Management…
The Power Sector Assets and Liabilities Management Corporation (PSALM) held a pre-bid conference on 12 July 2019 for the privatization…
The Power Sector Assets and Liabilities Management Corporation (PSALM) gathered its Visayas power customers to its annual Power Customers Forum…
The Power Sector Assets and Liabilities Management Corporation (PSALM) has selected the architectural conceptual design submitted by WTA Design Studio…
PSALM recently conducted a consultation meeting with the shortlisted firms to answer their questions on the mechanics of the Architectural…
In its effort to manage organizational risks and optimize opportunities, PSALM conducted a two-day refresher workshop on its Enterprise…
PSALM top and middle managers convened in a three-day Corporate Strategic Planning Workshop (CSPW) held from 01-03 April…
The Power Sector Assets and Liabilities Management Corporation (PSALM) Board of Directors awarded the 2019 service contract for the operation…
CY 2018
The Power Sector Assets and Liabilities Management Corporation (PSALM) recently entered into a Special Payment Agreement (SPA) with Camarines Sur…
2018 proved to be another milestone year for the Power Sector Assets and Liabilities Management Corporation (PSALM) as it settles…
In its effort to achieve 100% collection efficiency from the Universal Charge (UC), the Power Sector Assets and Liabilities…
The Power Sector Assets and Liabilities Management Corporation (PSALM) conducted a pre-bid conference for the privatization of Malaya Thermal Power…
The Power Sector Assets and Liabilities Management Corporation (PSALM) leased a portion of its Port Area property to the Philippine…
PSALM President and CEO Atty. Irene Joy Besido-Garcia taking her oath of office before President Rodrigo Roa Duterte during the…
The Power Sector Assets and Liabilities Management (PSALM) Corporation assembled its Luzon customers to a forum last 05 December 2017 at…
Employees and officials of the energy family were urged to start the year right by espousing the virtues of loyalty…
CY 2017
On 21 November 2017, the Power Sector Assets and Liabilities Management (PSALM) Corporation conducted its 2017 Mindanao Power Customers Forum…
Last 26 October 2017, the Power Sector Assets and Liabilities Management (PSALM) Corporation held its 2017 Visayas Power Customers Forum…
The Power Sector Assets and Liabilities Management (PSALM) Corporation awarded anew to Korean firm STX Marine Service Co., Ltd. the…
Power Sector Assets and Liabilities Management Corporation Officer-in-Charge Ms. Lourdes S. Alzona, together with other officials in the energy sector,…
Last 02 August 2017, the Power Sector Assets and Liabilities Management (PSALM) Corporation officially closed the sale of the structures,…
Power Sector Assets and Liabilities Management Corporation Officer-in-Charge Ms. Lourdes S. Alzona, together with PSALM officers, attended the launching of…
Six delegates from the Ministry of Home and Cultural Affairs of the Kingdom of Bhutan made a study visit to…
After conducting the post-qualification of the winning bidder for the successful sale of the structures, equipment, auxiliaries and accessories of…
Mr. Nicanor Escalante (far left), president of the Riverbend Consolidated Mining Corporation, presents to PSALM Corporation Officer-in-Charge and Privatization Bids…
CY 2016
PSALM officials and employees together with the representatives of SPC Power Corporation (SPC) and the Commission on Audit after the…
Power Sector Assets and Liabilities Management Corporation Officer-in-Charge, Lourdes S. Alzona, congratulates SPC Island Power Corporation representative for submitting the…
PSALM regularly consults with its Board of Directors, consisting of the Government’s economic managers, for guidance in its operations and…
On 30 September 2015, the Pampanga II Electric Cooperative, Inc. (PELCO II) settled in full the balance of its restructured…
CY 2015
Energy Secretary Angelo T. Reyes and Aboitiz Equity Ventures Executive Vice President and Chief Operating Officer Erramon I. Aboitiz shake…
CY2014
PSALM President and Chief Executive Officer and Privatization, Bids Awards Committee (PBAC) Chairperson Lourdes S. Alzona (center), joined by Acting…
PSALM officials and employees, and the Commission on Audit, in a group picture after the success of the negotiated sale…
The Power Sector Assets and Liabilities Management (PSALM) Corporation, in mutual cooperation with the Government Service Insurance System (GSIS) and…