December 6, 2018

Pending case may hobble turnover of Ilijan plant to SMC unit

By Myrna M. Velasco – December 5, 2018, 10:00 PM from Manila Bulletin A pending case on the P20-billion contract cost claims against the privatized power supply contract of the 1,200-megawatt Ilijan gas plant may hobble its turnover to prospective […]
August 13, 2018

PSALM stands pat on P20B owed by San Miguel

By Jordeene Sheex Lagare – August 13, 2018 from The Manila Times THE Power Sector Assets and Liabilities Management Corp. (PSALM) maintains its position that San Miguel Corp. still owes them over P20 billion for the administration of the Ilijan […]
July 6, 2018

PSALM cuts liabilities to P466.1 B in 2017

By Myrna M. Velasco – July 6, 2018, 12:17 AM from Manila Bulletin Amid the falling value of the Philippine peso and continued snag on its privatization of power assets, Power Sector Assets and Liabilities Management Corporation (PSALM) was able […]
December 13, 2017

PSALM serves formal notice of ‘default’ on Mt. Apo plant deal

By Myrna M. Velasco – December 12, 2017, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has reportedly served a “formal notice of default and confiscation of performance bond” on Monday (December 11) to FDC […]