News Room

JICA study backs PSALM's debt liquidation strategies, systems in UC management and collection (3/1/2010)

The encouraging results of a study conducted by the Japan International Cooperation Agency (JICA) have further strengthened the resolve of the Power Sector Assets and Liabilities Management (PSALM) Corporation to effectively and strategically fulfill its mandate as specified in the Electric Power Industry Reform Act (EPIRA). In its two-pronged study undertaken in 2009, the JICA analyzed the asset  more

12 bidders attend pre-bid conference for Angat HEPP sale (2/19/2010)

At least 12 prospective investors participated in the pre-bid conference for the privatization of the 246-megawatt Angat Hydroelectric Power Plant (HEPP) that the Power Sector Assets and Liabilities (PSALM) Corporation conducted last Wednesday (17 February 2010). The interested parties met with PSALM officials and the technical working group to discuss the sale structure of the Angat HEPP. The pre-bid  more

PSALM conducts pre-bid conference for Ilijan IPPA appointment, sets stakeholders' forum for Angat HEPP (2/12/2010)

The Power Sector Assets and Liabilities Management (PSALM) Corporation yesterday (11 February 2010) met with prospective independent power producer administrators (IPPAs) of the government's 1,200-megawatt (MW) contracted capacity in the Ilijan Natural Gas Combined Cycle Power Plant to discuss the bidding procedures. At least five interested parties attended the pre-bid conference conducted by PSALM  more

PSALM to raise PhP20 billion via peso bond offer (1/22/2010)

The Power Sector Assets and Liabilities Management (PSALM) Corporation plans to raise at least PhP20 billion from the local bond market to take advantage of domestic market liquidity and the low interest rate environment. According to PSALM, the proceeds will be used to augment its working capital requirements and bolster its liability management program. The issue date is targeted within  more

PSALM sets forum on privatization of Ilijan IPPA (1/19/2010)

The Power Sector Assets and Liabilities Management (PSALM) Corporation will conduct a forum for the appointment of the Independent Power Producer Administrator (IPPA) for the contracted capacity of the 1200-megawatt Ilijan Combined Cycle Power Plant on Tuesday, 26 January 2010, at the PSALM Filipinas Hall, 6th Floor Bankmer Bldg., 6756 Ayala Avenue, Makati City. The forum will be held from 10 a.m.  more