The Power Sector Assets and Liabilities Management (PSALM) Corporation is currently inviting interested bidders to supply and deliver the oil-based fuel requirements of seven power facilities that include the 149-megawatt (MW) Naga Power Plant Complex, the 55-MW bunker-fired power facility of Southern Philippines Power Corporation (SPPC), the 100-MW diesel plant of Western Mindanao Power Corporation more
The Power Sector Assets and Liabilities Management (PSALM) Corporation has engaged the services of Pinsent Masons as legal counsel for its USD3.4-million claim against Lehman Brothers Special Financing, Inc. (LBSF) following a successfully concluded negotiated bidding, according to PSALM President and Chief Executive Officer Emmanuel R. Ledesma Jr.
PSALM made the announcement after it issued the more
The Power Sector Assets and Liabilities Management (PSALM) Corporation continues the government's power privatization program with the issuance of the Invitation to Bid (ITB) for the auction of the diesel-fired Power Barges 101, 102, 103 and 104 capable of generating 32 megawatts (MW) each.
According to PSALM President and Chief Executive Officer Emmanuel R. Ledesma Jr., the bidding of the power more
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. more
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 to Millennium Holdings, Inc. (MHI) last 13 January 2012. The Navotas plants were auctioned off last year by the Navotas City Government after a tax dispute with the National Power Corporation. more
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