News Room

PSALM procures IDO requirements of Ilijan plant (1/26/2015)

The Power Sector Assets and Liabilities Management (PSALM) Corporation has commenced the procurement for the supply and delivery of its CY 2015 industrial diesel oil (IDO) requirements for the Ilijan Natural Gas Power Plant. Through an Invitation to Bid published on Friday (23 January 2015), PSALM announced that it will procure 60 million liters of IDO for the Ilijan power plant, with an Approved...more

PSALM turns over IPP administration of Mt. Apo contracted energy, Unified Leyte strips (1/6/2015)

The Power Sector Assets and Liabilities Management (PSALM) Corporation has concluded its selection and appointment of Independent Power Producer Administrator (IPPA) for the Output of the Mindanao I and II (Mt. Apo 1 and 2) Geothermal Power Plants, as well as the Strips of Energy (IPPA-Strips) portion of its contacted capacities in the Unified Leyte Geothermal Power Plants (ULGPP) to their respective...more

PSALM develops strategic plan for real estate assets (12/22/2014)

The Power Sector Assets and Liabilities Management (PSALM) Corporation has developed a strategic plan for the management and privatization of its real estate properties, the government's power privatization firm announced. "As stipulated in Republic Act No. 9136, the Electric Power Industry Reform Act (EPIRA), PSALM is mandated to ensure the orderly privatization of government's power and related...more

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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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