October 28, 2024

SMGP unit gets Sual coal plant

By Lenie Lectura – October 28, 2024 from Business Mirror THE government, through the Power Sector Assets and Liabilities Management Corp. (Psalm), has turned over the 1,200-megawatt (MW) Sual Coal Fired Thermal Power Plant (CFTPP) in Pangasinan to Sual Power […]
October 10, 2024

CBK privatization remains on track – PSALM

By Brix Lelis – October 9, 2024 | 12:00am from October 9, 2024 | 12:00am Located in Laguna, the 797-megawatt (MW) power plant is the major privatization project of the Power Sector Assets and Liabilities Management Corp. (PSALM) this year […]
August 12, 2024

MGen withdraws bid for 796-MW CBK hydropower plants in Laguna

By Alena Mae S. Flores – August 11, 2024, 7:00 pm from manilastandard.net Meralco PowerGen Corp. decided to withdraw its bid for the privatization of the 796.64-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Lumban, Majayjay and Kalayaan, Laguna. “On […]
July 30, 2024

PSALM life extension to prevent transfer of P300-B debt to nat’l government

BY MYRNA M. VELASCO – Jul 29, 2024 11:45 AM from Manila Bulletin AT A GLANCE Stretching the corporate existence of PSALM is among the key amendments being pushed in the Electric Power Industry Reform Act (EPIRA), one of the […]