January 17, 2018

PSALM prepares to sell more power plants this year to meet obligations

By Alena Mae S. Flores – January 16, 2018 at 06:50 pm from manilastandard.net POWER Sector Assets and Liabilities Management Corp. said it will sell more assets this year to reduce operational costs and raise funds for debt repayment. PSALM, […]
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 […]
December 13, 2017

Transco, LRA ink deal for ROW-land purchase

By Lenie Lectura – December 12, 2017 from Business Mirror THE National Transmission Corp. (Transco) and the Land Registration Authority (LRA) signed last Tuesday a memorandum of agreement (MOA) that will pave the way for the former to acquire all titled properties falling within […]
November 15, 2017

PSALM still has P380-B proceeds from privatization for collection

By Myrna M. Velasco – November 14, 2017, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) would still have P380.254-billion privatization proceeds for collection out of the divested National Power Corporation (NPC) assets. These will […]