March 31, 2017

PSALM resets auction of Malaya thermal-power plant

By Lenie Lectura – March 29, 2017 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has postponed the auction of the 650-megawatt Malaya thermal-power plant. The power facility was supposed to be sold on Thursday, March 30, to four interested […]
March 23, 2017

Six groups interested in Sucat thermal plant

by Alena Mae S. Flores – March 22, 2017 at 08:01 pm from Manila Standard Today The privatization of the decommissioned 850-megawatt Sucat Thermal Power Plant in Muntinlupa City drew the interest of six bidders, Power Sector Assets and Liabilities Management Corp. said […]
March 9, 2017

Government resets Malaya thermal plant bidding to March 30

By Lenie Lectura – March 8, 2017 from Business Mirror THE government has rescheduled the bidding for the 650-megawatt (MW) Malaya thermal-power plant mainly due to a new requirement that is seriously being considered to be included in the terms of reference. Originally, […]
February 13, 2017

PSALM debt payments hit P84.86B in 2016

By Lenie Lectura – February 12, 2017 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) said it has paid off P84.86 billion worth of debts, bringing down the state firm’s obligations to P506.34 billion. “Payments made in […]