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....
PSALM welcomes comments on the terms of the Casecnan Plant sale
The Power Sector Assets and Liabilities Management Corporation (PSALM) held a pre-bid conference on 22 November 2022 for the sale of the 165-megawatt Casecnan Hydroelectric Power Plant (CHEPP), affording Bidders the opportunity to ask questions and request for clarification on concerns relative to the requirements stated in the Bidding Procedures. ...
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....