April 8, 2021

Bid deadline for Malaya plant moved

By Jordeene B. Lagare – April 7, 2021 from The Manila Times THE Power Sector Assets and Liabilities Management Corp. (Psalm) has moved the bid submission deadline for the sale of the 650-megawatt Malaya Thermal Power Plant. In a statement […]
February 24, 2021

Psalm to prepay P19-billion obligation with BTr

By Bernadette D. Nicolas – February 24, 2021 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) is targeting to reduce its maturing obligations by P24.63 billion and prepay its obligations of P19 billion with the Bureau […]
December 14, 2020

NPC’s shift to RE means P13.5-B savings yearly

By Myrna M. Velasco – December 14, 2020, 7:00 AM from Manila Bulletin The shift of state-run National Power Corporation (NPC) to renewable energy (RE) technologies in powering the off-grid areas could yield savings of up to P13.5 billion annually […]
December 8, 2020

PSALM earmarks P3.7-B for dismissed NPC employees

By Myrna M. Velasco – December 7, 2020, 7:00 AM from Manila Bulletin The 17-year wait is finally over for the dismissed employees of state-run National Power Corporation (NPC), as the Power Sector Assets and Liabilities Management Corporation (PSALM) already […]