October 10, 2024

CBK privatization remains on track – PSALM

By Brix Lelis – October 9, 2024 | 12:00am from October 9, 2024 | 12:00am Located in Laguna, the 797-megawatt (MW) power plant is the major privatization project of the Power Sector Assets and Liabilities Management Corp. (PSALM) this year […]
August 12, 2024

MGen withdraws bid for 796-MW CBK hydropower plants in Laguna

By Alena Mae S. Flores – August 11, 2024, 7:00 pm from manilastandard.net Meralco PowerGen Corp. decided to withdraw its bid for the privatization of the 796.64-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Lumban, Majayjay and Kalayaan, Laguna. “On […]
July 30, 2024

PSALM life extension to prevent transfer of P300-B debt to nat’l government

BY MYRNA M. VELASCO – Jul 29, 2024 11:45 AM from Manila Bulletin AT A GLANCE Stretching the corporate existence of PSALM is among the key amendments being pushed in the Electric Power Industry Reform Act (EPIRA), one of the […]
July 16, 2024

Major foreign, local energy firms plan to bid for CBK hydro plants

By Alena Mae S. Flores – July 15, 2024, 9:00 pm from manilastandard.net Large power players such as Marubeni Corp., Semirara Mining and Power Corp., Aboitiz Group, First Gen Corp. and ACEN Corp. expressed interest in the privatization of the […]