Bidding for selection of IPPAs fails as reserve price unmet (06/26/09)

The bidding for the appointment of independent power producer administrators (IPPAs) to manage the contracted capacities of the National Power Corporation in the coal-fired Sual and Pagbilao power plants hit a bump as the two participating parties failed to meet the reserve price set by the Board of the Power Sector Assets and Liabilities Management Corporation (PSALM). more

ICS Renewables assumes ownership of Amlan power plant (06/25/09)

The Power Sector Assets and Liabilities Management Corporation (PSALM) yesterday turned over the 0.8-megawatt (MW) Amlan Hydroelectric Power Plant to its new owner, ICS Renewables Inc., in a simple affair held at the PSALM offices as part of the Corporation’s eighth anniversary
celebration. more

ISO certification puts PSALM at par with world-class
corporations (06/24/09)

The Power Sector Assets and Liabilities Management Corporation (PSALM) marked another milestone in its young existence as it recently received ISO (International Organization for Standardization) certification for its quality management system, which now adheres to internationally-recognized standards of management, ISO 9001:2000. more