Privatization
Remaining Power Assets

Remaining Owned Power Plants
(as of 30 June 2021)
Generating Assets

Indicative Privatization Schedule for Generation Assets

Power Plant Rated Capacity (MW) Location Indicative Bid Date
Luzon Grid
Malaya Thermal Power Plant 650.00 Pililla, Rizal 2021
Post-privatization and turn-over activities are ongoing
Mindanao Grid
Agus-Pulangi HEPPs 1001.10 No schedule yet;
For Rehabilitation:
Privatization is subject to consultation with Congress and PSALM Board’s policy direction.
Agus I
Agus II
260.00 Marawi City, Lanao del Sur
Saguiaran, Lanao del Sur
Agus IV
Agus V
213.10 Balo-i, Lanao del Norte
Iligan City, Lanao del Norte
Agus VI
Agus VII
273.00 Iligan City, Lanao del Norte
Iligan City, Lanao del Norte
Pulangi IV HEPP 255.00 Maramag, Bukidnon
Total Capacity 1,651.10 MW

*Indicative Schedule is subject to Board approval

**Capacity increased by 19 MW as a result of Agus VI Units 1 & 2 Uprating