News Room


Bidding for Power Barges 101-104 fails (5/16/2012)

The Power Sector Assets and Liabilities Management (PSALM) Corporation on Wednesday, 16 May 2012, declared the bidding for Power Barge Nos. 101-104 a failure after only one of the seven qualified bidders submitted an offer for the assets. Only ACTA Power, a joint venture between the power companies of Ayala Corporation's AC Energy Holdings and PHINMA's Trans-Asia Oil and Energy Development Corporation,...more

PSALM to bid out Power Barges 101-104 (5/14/2012)

The Power Sector Assets and Liabilities Management (PSALM) Corporation will bid out the diesel-fired Power Barge (PB) Nos. 101, 102, 103 and 104 on Wednesday, 16 May 2012, after finalizing all necessary governmental requirements for the bidding. According to PSALM President and Chief Executive Officer Emmanuel R. Ledesma, Jr., PSALM will push through with the sale of the power barges, the first...more

PSALM incurs PhP15-billion losses in Mindanao (5/6/2012)

Contrary to claims that the government has been generating profits from power sales in the Mindanao grid, the Power Sector Assets and Liabilities Management (PSALM) Corporation actually incurred accumulated losses amounting to PhP15 billion from 2001 to 2011 from the operations of its power facilities in Mindanao. PSALM made this statement to ensure utmost transparency to all relevant sectors as...more

Public Notices

 

Liability Management

Currency Mix as of Dec 2007
Current Mix as of Dec 2007

Universal Charge

Through its prudent management and transparent disposal of the collections from the Universal Charge (UC) for missionary electrification, PSALM significantly contributes to lighting up the country’s far-flung areas.

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