PSALM Website - Privatization

Privatization Updates

Public Notices

	Invitation to bid for the 246 MW Angat Hydroelectric Power Plant located in Norzagaray, Bulacan
	Invitation to bid for the 1200 MW Contracted Capacity of the Ilijan Combined Cycle Power Plant located in Barangay Ilijan, Batangas City (the “Ilijan Capacity”)

Generation Assets Sold (As of 02 September 2009)

Power Plant	Rated Capacity (in MW)	Location	Winning Bidder	Winning Bid Price (US$)	Price (US$M/MW)
Talomo Hydroelectric Power Plant	3.5	Davao	Hydro Electric Development Corporation	$1.37 Million	0.39
Agusan Hydroelectric Power Plant	1.6	Agusan	First Generation Holdings	$1.53 Million	0.93
Barit Hydroelectric Power Plant	1.8	Camarines Sur	Atty. Ramon I. Constancio	$0.48 Million	0.27
Cawayan Hydroelectric Power Plant	0.4	Sorsogon	Sorsogon II Electric Cooperative, Inc	$0.41 Million	1.02
Loboc Hydroelectric Power Plant	1.2	Bohol	Sta. Clara International Corporation	$1.42 Million	1.18
Pantabangan-Masiway Hydroelectric Power Plant	112	Nueva Ecija	First Gen Hydropower Corporation	$129 Million	1.15
Magat Hydroelectric Power Plant	360	Isabela	SN Aboitiz Power Corporation	$530 Million	1.47
Masinloc Coal-Fired Thermal Power Plant	600	Zambales	Masinloc-Power Partners Co. Ltd.	$930 Million	1.55
Ambuklao-Binga Hydroelectric Power Complex	175	Benguet	SN Aboitiz Power Hydro Inc.	$325 Million	1.86
Tiwi-MakBan	747.53	Albay, Laguna/Batangas	AP Renewables Inc.	$446.89 Million	0.6
Panay and Bohol Diesel Power Plants	168.5	Iloilo, Bohol	SPC Power Corporation	$5.86 Million	0.04
Amlan Hydroelectric Power Plant	0.8	Negros Oriental	ICS Renewables Inc.	$0.23 Million	0.29
Batangas (Calaca) Coal-Fired Thermal Power Plant	600	Batangas	DMCI Holdings, Inc.	$361.71 Million	0.60
Power Barge 118	100	Compostela Valley	Therma Marine Inc.	$14 Million	0.14
Power Barge 117	100	Agusan del Norte	Therma Mobile Inc.	$16 Million	0.16
Limay Combined-Cycle Power Plant	620	Bataan	San Miguel Energy Corporation	$13.5 Million	0.02
Palinpinon-Tongonan Geothermal Power Plants	305	Negros Oriental, Leyte	Green Core Geothermal Inc	$220 Million	0.72
Naga Land-Based Gas Turbine Power Plant	55	Cebu	SPC Power Corporation	$1.01 Million	0.02

Contracted Capacities Sold (As of 16 December 2009)

Power Plant	Contracted Capacity	Location	Winning Bidder	Winning Bid Price (USD)
Bakun-Benguet hydro plants	100.75 MW	Benguet, Ilocos Sur	Amlan Power Holdings Corporation	USD145 Million
San Roque Multipurpose Hydro	345 MW	Pangasinan	Strategic Power Devt. Corp.	USD450 Million
Sual Coal-Fired Power Plant	1,000 MW	Pangasinan	San Miguel Energy Corporation	USD1.07 Billion
Pagbilao Coal-Fired Power Plant	700 MW	Quezon Province	Therma Luzon Inc.	USD691 Million



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