PSALM turns over Naga Power Complex to Therma Power Visayas, Inc.


The Power Sector Assets and Liabilities Management Corporation (PSALM) turned over the 153.1-megawatt Naga Power Plant Complex (NPPC) to Therma Power Visayas, Inc. (TPVI) on 16 July 2018 in a simple ceremony held at the PSALM Office in Diliman, Quezon City. ...

PSALM bids out one-year contract for Malaya plant operation and maintenance


The Power Sector Assets and Liabilities Management Corporation (PSALM) declared Mindoro Grid Corporation as the lowest bidder at the bid opening it conducted on 30 May 2018 for the procurement of the Operation and Maintenance Service Contract (OMSC) for the 650-megawatt (MW) Malaya Thermal Power Plant (TPP). ...

Duterte names PSALM President and CEO


Malacañang names Atty. Irene Joy Besido Garcia as Director and President and Chief Executive Officer of the Power Sector Assets and Liabilities Management Corporation (PSALM). With the signing by President Rodrigo R. Duterte of her appointment paper, the Board of Directors of PSALM held a Special Board Meeting on 25 May 2018 for the assumption of Atty. Garcia to the positions. ...