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 28, 2017

Bidders ‘baffled’ on terms of Malaya LNG conversion

By Myrna M. Velasco – March 27, 2017, 10:00 PM from Manila Bulletin Prospective bidders in the privatization of the 650-megawatt Malaya thermal power plant are still baffled as to the definitive terms of the Department of Energy’s (DOE) proposal for […]
February 20, 2017

Changes in Malaya plant bidding terms likely (Conversion to LNG eyed)

By Myrna M. Velasco – February 19, 2017, 10:01 PM from Manila Bulletin The bidding terms of reference for the privatization of the 650-megawatt Malaya thermal power plant will likely be adjusted based on the action point set by Energy Secretary […]
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 […]