September 25, 2023

PSALM to end corporate life with P113 billion debt

By Manila Standard – September 24, 2023, 9:15 pm from manilastandard.net State-owned Power Sector Assets and Liabilities Management Corp. (PSALM) said it expects to have a residual debt of about P113 billion beyond its corporate life, which expires in June […]
May 17, 2023

First Gen unit submits winning bid for Casecnan plant

BY MYRNA M. VELASCO – May 16, 2023 05:15 PM from Manila Bulletin AT A GLANCE The successful privatization of the 165-megawatt Casecnan hydropower facility is a first key major achievement of PSALM under the Marcos administration. Fresh River Lakes […]
May 5, 2023

PSALM accepts Semirara’s participation in Casecnan plant bidding

By Alena Mae S. Flores – May 4, 2023, 7:10 pm from manilastandard.net Power Sector Assets and Liabilities Management Corp. approved the request for reconsideration of bidder Semirara Mining and Power Corp. to participate in the privatization of the 165-megawatt […]
March 16, 2023

PSALM moves bid submission deadline for Casecnan hydropower plant

By Alena Mae S. Flores – March 15, 2023, 6:30 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. moved the bid submission deadline for the privatization of the 165-megawatt Casecnan Hydroelectric Power Plant to May 16 from […]