News Room > 2006 Archive


14 December 2006	SN Aboitiz Power submits highest bid for Magat plant
12 December 2006	PSALM, NIA sign O&M Agreement for Magat HEPP
06 December 2006	PSALM releases APA for Magat HEP
05 December 2006	PSALM holds 3rd round of comments for TransCo bidding
30 November 2006	PSALM opens bidding for decommissioned plant
24 November 2006	PSALM settles loan obligations of ROMELCO to the Provincial Government of Romblon
23 November 2006	New plant owner FGHPC to trade Pantabangan-Masiway power output at WESM
22 November 2006	Statement of PSALM President Nieves L. Osorio in response to the statement released on 22 November 2006 by the Philippine Electricity Market Corporation (PEMC) to correct breach of WESM trading rules
21 November 2006	PSALM assures transparent bidding for 25-year TransCo concession
16 November 2006	PSALM, First Gen Hydro exchange closing documents to pave way for turnover of Pantabangan-Masiway
15 November 2006	PSALM names prequalified bidders for TransCo 25-year concession
14 November 2006	Magat power complex to be bid out in December as seven bidders attend pre-bid conference
29 October 2006	3 investor groups meet financial, technical criteria for prequalification in the bid for TransCo concession
26 October 2006	National Power Corp. Global Bond issue
26 October 2006	Bidding for Magat hydro plant set
23 October 2006	National Power authorizes foreign banks for proposed bond financing
18 October 2006	WB and ADB offer financial guarantees to TransCo potential bidders
16 October 2006	Creditors give consent to sale of Pantabangan - Masiway complex
13 October 2006	IFC assures financial support for TransCo winning bidder
11 October 2006	MOA for Masiway land administration signed
06 October 2006	The Department of Energy (DOE)'s press release on the on-going investigations by the Philippine Electricity Market Corporation (PEMC) on the changes in the behavior of electricity prices in the Wholesale Electricity Spot Market (WESM)
05 October 2006	Statement of PSALM President Nieves L. Osorio in response to the statement released on 05 October 2006 by the Philippine Electricity Market Corporation (PEMC) to investigate PSALM for allegedly manipulating electricity prices in the WESM
03 October 2006	22 investor groups attend bidders forum for retired assets
02 October 2006	3 groups submit prequalification requirements for TransCo concession
20 September 2006	Bidders' forum for sale of decommissioned plants set
15 September 2006	PSALM extends TransCo prequalification deadline anew
14 September 2006	Statement of Mr. Froilan A. Tampinco, Vice President for Asset Management and Electricity Trading, in response to issues raised by Mr. Victor Agustin of the Philippine Daily Inquirer in his column dated 13 September 2006
08 September 2006	First Gen wins bid for Pantabangan-Masiway Hydropower Complex
01 September 2006	PSALM sets new prequalification deadline for TransCo bidders
25 August 2006	PSALM to release bid transaction documents for Pantabangan-Masiway Hydropower Plant Complex
18 August 2006	TransCo bidding set for November
07 August 2006	PSALM to rebid Masinloc power plant
03 August 2006	Makasiar not a PSALM consultant; A Letter to The Daily Tribune publisher Ninez Cacho-Olivares
02 August 2006	PSALM to reject YNN upfront payment
01 August 2006	Seven bidders attend pre-bid conference for hydroelectric power complex
19 July 2006	12 groups expressed interest to bid for TransCo concession
18 July 2006	Statement of Mr. Froilan A. Tampinco Vice President for Asset Management and Electricity Trading in response to issues raised by Mr. Conrado R. Banal III of the Philippine Daily Inquirer in his column dated 11 July 2006
18 July 2006	Statement of PSALM President Nieves L. Osorio in response to issues raised by Philippine Daily Inquirer columnist Mr. Conrado R. Banal III in his 18 July 2006 column
17 July 2006	PSALM Board did not receive "P10-M Bonus"
12 July 2006	Statement of Energy Secretary Raphael P.M. Lotilla on Mirant's decision to sell Philippine power assets
10 July 2006	PSALM serves contract termination notice to YNN
08 July 2006	Statement of Mr. Nonito R. Bernardo, Jr, Vice President for Finance, in response to the article written by The Daily Tribune reporter Riza Recio entitled, "Meralco blamed for Masinloc flop," on 6 July 2006
06 July 2006	Effectivity of YNN contract termination notice
06 July 2006	PSALM to serve termination notice to YNN
03 July 2006	PSALM to move ahead with privatization of National Power assets
02 July 2006	PSALM forfeits YNN'S $14-million performance bond
29 June 2006	ERC decision spurs investor interest in TransCo
20 June 2006	TransCo concessionaire to secure franchise from Congress
16 June 2006	Statement of Mr. Froilan A. Tampinco, Vice President for Asset Management and Electricity Trading, in response to issues raised by Malaya columnist J.A. Dela Cruz (08June 2006)
14 June 2006	Calaca reserve price to be reviewed, announced before bidding
13 June 2006	Statement of Mr. Froilan A. Tampinco, Vice President for Asset Management and Electricity Trading, in response to issues raised by Philippine Star columnists Federico D. Pascual, Jr. (04June 2006) and Mary Ann LL. Reyes (31 May 2006 column)
08 June 2006	TransCo bidders required to post $30-million bid bond
01 June 2006	Statement of Mr. Froilan A. Tampinco, Vice President for Asset Management and Electricity Trading, in response to issues raised by Philippine Daily Inquirer columnists Neal H. Cruz and Conrado R. Banal III
26 May 2006	PSALM sets prequalification standards for TransCo bidders
25 May 2006	YNN delivers acceptable $14-million performance bond
28 April 2006	Calaca bidders fail to meet reserve price
19 April 2006	A tale of two hydroelectric plants
07 April 2006	Calaca Bidding Set This Month
01 April 2006	Joint Statement of Secretary Raphael P.M. Lotilla (DOE) and Secretary Romulo L. Neri (NEDA)
01 April 2006	YNN performance bond increased to $14 million as PSALM extends payment deadline to June 30
09 March 2006	3 companies to bid for third party auctioneer services
06 March 2006	Electricity spot market operations in Luzon start in May
03 March 2006	DOF, ADB sign Omnibus Amendment Agreement
27 February 2006	WESM prospects to be discussed in Bidders' Forum
17 February 2006	Statement of Vice President for Asset Management and Electricity Trading Froilan A. Tampinco in response to issues raised by columnist Federico Pascual, Jr. of the Philippine Star (published February 16, 2006)
17 February 2006	24 investors eye four power plants
16 February 2006	PSALM adopts electronic tax filing and payment system
01 February 2006	PSALM reports high investor interest in National Power privatization
26 January 2006	YNN submits amended performance bond to PSALM
09 January 2006	PSALM awards Naga land lease to Salcon Power


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