The Official Website of PSALM Corporation

TOP TRADED CORPORATE BOND ISSUE OF 2011

For the second straight year, the Power Sector Assets and Liabilities Management (PSALM) Corporation was honored as the Top Traded Corporate Bond Issue of the Year by the Philippine Dealing System Holdings Corp. ...read more

PRE-BID CONFERENCE FOR POWER BARGES

PSALM President and CEO Emmanuel R. Ledesma, Jr. and Asset Valuation and Disposal Department 2 Manager Raul R. Ganaden listen to the comments and concerns of the prospective bidders for Power Barge Nos. 101 to 104...read more

POWER BARGES FOR SALE

The Power Sector Assets and Liabilities Management Corporation continues its power privatization program with the launch of the sale process for Power Barge Nos. 101, 102, 103 and 104...read more

NAVOTAS TURNOVER

The Power Sector Assets and Liabilities Management (PSALM) Corporation formally turned over the machineries, equipment, and facilities of the Navotas 1 & 2 Gas Turbine Power Plant....read more

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

Invitation for interested parties to participate in and bid for the privatization of the following: Package 1: 32 MW Power Barge 101 and 32 MW Power Barge 102 located at Bo. Obrero, Iloilo City; Package 2: 32 MW Power Barge 103 located at Estancia, Iloilo and; Package 3: 32 MW Power Barge 104 located at Holcim Compound, Ilang, Davao City

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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