The Power Sector Assets and Liabilities Management (PSALM) Corporation plans to raise at least PhP20 billion from the local bond market to take advantage of domestic market liquidity and the low interest rate environment.
According to PSALM, the proceeds will be used to augment its working capital requirements and bolster its liability management program.
The issue date is targeted within more
The Power Sector Assets and Liabilities Management (PSALM) Corporation will conduct a forum for the appointment of the Independent Power Producer Administrator (IPPA) for the contracted capacity of the 1200-megawatt Ilijan Combined Cycle Power Plant on Tuesday, 26 January 2010, at the PSALM Filipinas Hall, 6th Floor Bankmer Bldg., 6756 Ayala Avenue, Makati City. The forum will be held from 10 a.m. more
The Power Sector Assets and Liabilities Management (PSALM) Corporation yesterday (13 January 2010) commenced the bidding process for the National Power Corporation's contracted capacity in the 1,200-megawatt (MW) Ilijan Natural Gas Combined Cycle Power Plant, seeking to hurdle the 70% privatization threshold for independent power producer (IPP) contracts in the Luzon and Visayas grids this year.
The more
The members of the energy family from the Department of Energy, the National Grid Corp. of the Philippines, the National Power Corporation, the National Electrification Administration, the Energy Regulatory Commission, and PSALM pose for posterity during the launch of the Universal Levy Administration System (ULAS) held at the PSALM offices on 16 December 2009.
more
PSALM President and Chief Executive Officer Jose C. Ibazeta (seated, second from left) asks Strategic Power Devt. Corp. (SPDC) Vice Chairman Ferdinand K. Constantino to verify and sign the financial bid that the San Miguel Corporation subsidiary submitted in the bidding for the management of the contracted capacities of the San Roque, Bakun, and Benguet hydroelectric power plants held on 15 December 2009. more
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