As of 31 August 2021, PSALM has successfully assigned seven (7) Independent Power Producer (IPP) contracts to IPP Administrators with a combined contracted capacity of 3,610.25 megawatts.
Assigned Contracted Capacities to IPPAs
|NPC-IPP Contracts Assigned to IPP Administrators|
|Power Plant||Contracted Capacity (in MW)||Location||Bid Date||Turnover Date||Winning Bidder||Winning Bid Price|
|Sual Coal-Fired Power Plant||1000.00||Pangasinan||28-Aug-09||06-Nov-09||San Miguel Energy||USD1,072,000,768|
|Pagbilao Coal Fired Thermal Power Plant||700.00||Quezon||28-Aug-09||01-Oct-09||Therma Luzon Inc.||USD691,099,003|
|San Roque Hydro Power Plant||345.00||Pangasinan||15-Dec-09||26-Jan-10||Strategic Power||USD450,000,399|
|Bakun HEP Mini-Hydro Plant||70.00||Ilocos Sur||15-Dec-09||26-Feb-10||Amlan Power||USD145,473,518|
|Ilijan Combined Cycle Power Plant||1200.00||Batangas||16-Apr-10||26-Jun-10||South Premiere||USD870,000,473|
|Unified Leyte GPP (Strips of Energy) 1||200.00||Leyte||07-Nov-13||26-Dec-14||Unified Leyte Geothermal Energy Inc. (40 MW)||PhP4.6629/kWh|
|Mindanao I and II (Mt. Apo 1 & 2) Geothermal Power Plants 2||95.25||North Cotabato||24-Sept-14||26-Dec-14||FDC Misamis Power Corporation||-/2|
|Total Capacity||3,610.25 MW|
 Unified Leyte Geothermal Power Plant IPP Contract/Power Purchase Agreement (PPA) was privatized in 2014 through the appointment of IPP Administrators for a total of 200 MW Strips of Energy; as of 30 December 2020, only 40 MW of UL Strips of Energy remain under IPPA while the other IPPA Administration Agreements were terminated due to contractual issues.
 IPP Contract/PPA for Mt. Apo 1 & 2 was privatized in 2014 through the appointment of FDC Misamis as IPPA, however, IPPA AA was terminated in December 2017 due to contractual issues.