THE Department of Finance (DoF) plans to dispose of all the assets of the Power Sector Assets and Liabilities Management Corp. (PSALM) within three years, Finance Secretary Carlos G. Dominguez III said.
Jul 052016
Mar 102016
THE DEPARTMENT of Energy (DoE) has drafted a circular that sets the “optimal utilization” of the Agus hydroelectric plants in Mindanao ahead of an expected peak in the demand for electricity during the summer months.
Jan 252015
THE POWER Sector Assets and Liabilities Management Corp. (PSALM) is banking on privatization proceeds and earnings from operations to settle P40 billion worth of debt maturing this year, an official said last week.
Oct 142014
THE SALE OF three state-owned power barges may fetch prices higher than the original bid of an interested company, a top official of the Power Sector Assets and Liabilities Management Corp. (PSALM) said.
Jul 152014
THE POWER SECTOR Assets and Liabilities Management Corp. (PSALM) is seeking offers for the supply and delivery of industrial diesel oil worth around P106.11 million for this semester.
Apr 132014
THE POWER Sector Assets and Liabilities Management Corp. (PSALM) plans to start the bidding process for two geothermal power plants in Mindanao this quarter, the state-run firm’s top official said over the weekend.
Mar 312014
POWER Sector Assets and Liabilities Management Corp. (PSALM) has declared Therma Power Visayas, Inc. — a unit of Aboitiz Power Corp. — the highest bidder for the 153.1-megawatt (MW) power plant complex in Naga City, Cebu.
Mar 302014
TWO STATE-OWNED power facilities are to be auctioned off by the Power Sector Assets and Liabilities Management Corp. (PSALM) today, a top official said over the weekend.
Feb 212014
Four local firms have expressed interest in participating in the third auction for the privatization of the 153.1-megawatt (MW) Naga power plant complex next month, the Power Sector Assets and Liabilities Management Corp. (PSALM) said in a statement on Friday.
Feb 062014
POWER Sector Assets and Liabilities Management Corp. (PSALM) is set to auction off — for the third time — the 153.1-megawatt (MW) Naga power plant complex in Cebu next month.