News Room

PSALM procures O&M contractor for Malaya plant (7/16/2014)

With the published Invitation to Bid released on Monday (14 July 2014), the Power Sector Assets and Liabilities Management (PSALM) Corporation has commenced its procurement of a one-year Operation and Maintenance Service Contract (OMSC) for the 650-megawatt (MW) Malaya Thermal Power Plant (TPP). "We would like to invite generation companies and eligible entities, especially those who are interested...more

PSALM to purchase 2.55 million liters of IDO for power plants (7/15/2014)

The Power Sector Assets and Liabilities Management (PSALM) Corporation will purchase a total of 2.55 million liters of industrial diesel oil (IDO) for use by the Malaya Thermal Power Plant (TPP) located in Pililla, Rizal; the Naga Power Plant in Naga City, Cebu; Power Barges (PBs) 101 and 102 moored in Bo. Obrero, Iloilo City; and PB 104 in Ilang, Davao City. The announcement was formalized by PSALM...more

9 prospective bidders meet at pre-bid conference for Mt. Apo IPPA auction  (6/27/2014)

"A total of nine (9) prospective bidders have attended the Pre-Bid Conference for the selection and appointment of the independent power producer administrator (IPPA) for the output of the Mindanao I and II (Mt. Apo 1 and 2) Geothermal Power Plants," Power Sector Assets and Liabilities Management (PSALM) Corporation's Atty. Elmer Nonnatus A. Cadano, Officer-in-Charge and Privatization, Bids and Awards...more

GOCC Disclosure RequirementsProcurement Opportunities

Liability Management


PRIVATIZATION PROCEEDS  as of 30 December 2011
(in USD Billion)
Generating Assets 3.027 3.064
Decommissioned Plants 0.004 0.004
Transmission Asset (TransCo) 3.950 1.765
Appointment of IPPAs 3.229 0.495
TOTAL 10.210 5.328
as of December 2011
(in USD Billion)
Debt Prepayment 1.297
Regular Debt Service 2.718
Lease Obligations 1.378
Others 0.083
TOTAL 5.476*
*Includes income interest
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