SPC gives highest bid for Panay-Bohol power plants (new)

SPC Power Corp. (SPC) gave the highest bid of USD5.86 million (USD5,857,553.34) for the 146.5-megawatt (MW) Panay and 22-MW Bohol diesel power plants in a public bidding held by the Power Sector Assets and Liabilities Management Corporation (PSALM) Wednesday, 12 November 2008. SPC’s offer exceeded the reserve price set by the PSALM Board for the two power plants. >>> read more

4 bidders vie for Panay-Bohol power plants

The government’s hope of achieving its privatization threshold target this year hinges on the four investors who will contend for the 146.5-megawatt (MW) Panay and 22-MW Bohol diesel power plants that the Power Sector Assets and Liabilities Management Corporation (PSALM) will bid out today (12 November 2008).>>> read more

Sual and Pagbilao plants first on IPPA auction block

The Power Sector Assets and Liabilities Management (PSALM) Corporation formally opened Wednesday, 05 November, the bidding for the selection of independent power producer administrators (IPPAs) with the publication of the invitation to bid for IPPAs for the coal-fired Sual and Pagbilao plants.>>> read more

PSALM bidding for IPPAs set in February ’09

The Power Sector Assets and Liabilities Management Corporation (PSALM) has rescheduled the bid date for the selection of Independent Power Producer Administrators (IPPAs) to February 2009, from December 2008, based on feedback from prospective bidders who attended the series of investor fora that PSALM conducted this year.>>> read more