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PSALM prepays USD219 million of National Power debt
(new)

The Power Sector Assets and Liabilities Management Corporation (PSALM) prepaid USD126 million and Y10.2 billion, or a total of USD219 million, of National Power Corporation's debt on 15 and 18 August, respectively. The amount represents the loans extended by the Asian Development Bank and the Japan Bank for International Cooperation (JBIC) for the Masinloc Coal-Fired Thermal Project which was successfully.... read more


Iligan diesel plant sale attracts three investors

Three investor groups are keen on acquiring the 114-megawatt (MW) Iligan I & II Diesel Power Plant (IDPP 1&2) complex, the Power Sector Assets and Liabilities Management Corporation (PSALM) recently disclosed.

The three interested parties, which have all completed the preliminary requirements for the bidding, attended the Pre-bid Conference that PSALM organized at its main office in Makati City.... read more


AP Renewables wins Tiwi-MakBan bid

The Power Sector Assets and Liabilities Management Corporation (PSALM) today (30 July 2008) declared the AP Renewables Inc. as the highest bidder in the auction of the 289-megawatt (MW) Tiwi Geothermal Power Plant located in Tiwi, Albay and the 458.53-MW MakBan Geothermal Power Plant situated in Laguna and Batangas provinces, respectively.

AP Renewables' offer of USD446.9 million (USD446,888,008.00).... read more

 
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Ambuklao-Binga Turnover

Energy Secretary Angelo T. Reyes and Aboitiz Equity Ventures Executive Vice President and Chief Operating Officer Erramon I. Aboitiz shake hands after the presentation of the USD227.5-million facsimile check at the turnover of the 175-megawatt Ambuklao-Binga hydroelectric power plant complex. view


PSALM Power Chorus reaches out to marginalized children

Every child has a right to grow genteel, happy, healthy and bright. It is, thus, sad and painful to often encounter children devoid of care and love, whose own families and relatives cannot even provide their basic needs and a sense of security, and who depend on compassionate people to provide them the guidance and support that are essential to help them become responsible, productive, and law abiding citizens of society.. view


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Energy Saving Tips
Institutional Strengthening
2005 MILESTONES: Modest but Significant
PSALM consolidates operations in 2005
A tale of two hydros
Paleco consumers enjoy lower electricity rates
 
PSALM plays pivotal role
in power industry restructuring
Equipment sale disposal for Bataan Thermal Power Plant
Palinpinon: A clean and stable source of power
Iligan Power Complex:
Diversifying Mindanao’s source of power
RP power demand forecast to increase
in next 10 years
 
 
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