PSALM opens 2nd round of bidding for Sucat TPP (11/13/2015)
The Power Sector Assets and Liabilities (PSALM) Corporation Wednesday (11 November 2015) opened the second round of bidding for the sale of the Structures, Plant Equipment, Auxiliaries and Accessories of the Decommissioned 850 MW Sucat Thermal Power Plant 850-megawatt (MW) Sucat Thermal Power Plant (STPP) located in Muntinlupa City....more
PSALM's Official Statement on SC's Decision on "Right to Top"
The Power Sector Assets and Liabilities Management (PSALM) Corporation has yet to receive a copy of the Supreme Court's (SC) decision on the "right to top" issue regarding the Naga Power Plant Complex (NPPC). For the record, the Department of Justice (DoJ) affirmed the legality of the "right to top" the adjoining properties within the NPPC accorded to the owner of the Naga Land-based Gas Turbine...more
PSALM's Official Statement on SMEC's Complaint Filed with DOJ (10/26/2015)
PSALM has neither received nor seen a copy of SMEC's complaint allegedly charging the PSALM President and CEO of plunder relative to the 2009 Memorandum of Agreement on Sual Excess Capacity. PSALM will make the necessary comment as soon as it receives a copy of the said complaint. Ms. Lourdes S. Alzona was recently appointed on 03 August 2015 as PSALM's President and CEO....more
Invitation to Bid
Selection and Appointment of Independent Power Producer Administrator ( IPPA) for the 200MW Mindanao Coal- Fired Thermal Power Plant.
> view more
Regulatory NoticesOrder dtd 17 August 2015 - ERC Case N 2015-144RC
Notice of Public Hearing dtd 17 August 2015 - ERC Case No 2015-144RC
Liability ManagementCURRENCY MIX OF OUTSTANDING FINANCIAL OBLIGATIONS (As of 1st Quarter 2015)
As of 1st Quarter 2015
(in USD Billion)
|Transmission Asset (TransCo)||6.383||3.826|
|Appointment of IPPAs||9.957||2.213|