PSALM has successfully transferred its five (5) decommissioned plants to winning bidders.
Privatized Decommissioned Plants
Decommissioned Plants | |||||
---|---|---|---|---|---|
Power Plant | Contracted Capacity (in MW) | Location | Privatization / Turnover Date | IPP Administrator | Winning Bid Price |
Manila Thermal Power Plant | -- | Manila | 25-Apr-08 / 20-Feb-09 | Gagasan Steel Inc. | USD2,506,000 |
Cebu Diesel II | -- | Cebu | 22-Jan-09 / 25-May-09 | Taifu Metal | USD460,000 |
Aplaya-Gensan | -- | Misamis Oriental & General Santos | 25-May-09 / 02-Oct-09 | TEC Industries Inc. | USD1,488,000 |
Sucat Thermal Power Plant | -- | Muntinlupa, Metro Manila | 31-May-17 / 02-Aug-17 | Riverbend Consolidated Mining Corporation | PhP305,200,000 |