PSALM declares successful sale for decommissioned Sucat power plant


The Riverbend Consolidated Mining Corporation submitted the highest offer for the sale of the structures, plant equipment, auxiliaries and accessories of the decommissioned 850-megawatt Sucat Thermal Power Plant in Muntinlupa City on an "as is, where is" basis, the Power Sector Assets and Liabilities Management (PSALM) Corporation reported on Wednesday, 31 May 2017....

PSALM qualifies three bidders for Sucat power plant sale


Three interested bidders passed the prequalification process undertaken by the Power Sector Assets and Liabilities Management (PSALM) Corporation for the sale of the structures, plant equipment, auxiliaries and accessories of the decommissioned 850- megawatt Sucat Thermal Power Plant in Muntinlupa City....

Privatization for Sucat TPP garners six bidders


Following the publication by PSALM Corporation of the Invitation to Bid (ITB) in three major newspapers for the packaged sale of the structures, plant equipment, auxiliaries and accessories comprising the decommissioned 850 MW Sucat Thermal Power Plant (STPP), the privatization of the asset has garnered six bidders who attended PSALM Corporation’s Pre-Bid Conference held today (20 March 2017) in Quezon City. This conference was held to clarify provisions on the sale of STPP and is expected to help the bidders arrive at an optimal business decision, among other concerns. ...