Newsroom
Year: 2018

PSALM’s Naga-Bicol and Puerto Azul, Ternate, Cavite real estate properties up for sale


The Power Sector Assets and Liabilities Management Corporation (PSALM) is privatizing two (2) of its real estate assets: 1) a parcel of land in Naga City and 2) two condominium units in Puerto Azul Complex, Cavite City inclusive of one (1) Club Share at the Puerto Azul Golf and Country Club. ...

PSALM to determine viable privatization options for its IPP contracts


The Power Sector Assets and Liabilities Management Corporation (PSALM) will evaluate the most beneficial and feasible privatization options and structures for its remaining Independent Power Producer (IPP) contracts through the assistance of a third-party consultant. ...

PSALM calls interested bidders to bid for Malaya Thermal Power Plant and its underlying land


PSALM is now calling interested bidders to signify their interest to participate in the privatization of the 650-Megawatt Malaya Thermal Power Plant (MTTP) and its underlying land located at Brgy. Malaya, Pililla, Rizal. The bid opening is set on 14 December 2018....

PSALM pays 6th batch of claimants for Power Barge 103 oil spill indemnities


The Power Sector Assets and Liabilities Management Corporation (PSALM) resumed on 03 September 2018 the distribution of compensation checks to the families and enterprises in the Municipality of Estancia, Iloilo affected by the oil spill from Power Barge (PB) 103. Then docked at Barangay Botongon in Estancia, PB 103 ran aground during the onslaught of Supertyphoon Yolanda on 08 November 2013....

PSALM to rebid sale of Manila Thermal Power Plant Land


The Power Sector Assets and Liabilities Management Corporation (PSALM) will rebid the Manila Thermal Power Plant (MTPP) Land as soon as the roadmap for the second round of bidding is finalized. ...