PSALM signs multiple contracts for the supply of electricity in Luzon and Mindanao
The Power Sector Assets and Liabilities Management (PSALM) Corporation has signed multiple contracts for the provision of electric energy (CSEE) with the electric cooperatives (ECs) of Luzon and Mindanao to satisfy the energy needs of these regions....
PSALM issues Notice of Award to winning bidder for Casecnan power plant
After undergoing a thorough post-qualification process, the Power Sector Assets and Liabilities Management Corporation (PSALM) has issued the Notice of Award (NOA) to Fresh River Lakes Corporation (FRLC), a subsidiary of the Lopez Group's First Gen Corporation. The NOA declares FRLC as the winning bidder for the 165-megawatt Casecnan Hydroelectric Power Plant (CHEPP), situated in Pantabangan, Nueva Ecija....
PSALM rakes in add’l P16.7 B from asset divestments (Manila Bulletin, Myrna M. Velasco)
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has fetched additional P16.76 billion worth of proceeds from the divestment of the power assets previously owned by its precursor-firm National Power Corporation....