October 11, 2018

PSALM registers P26-billion forex losses due to weak peso

By Myrna M. Velasco – October 10, 2018, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) registered swelling foreign exchange (forex) losses of roughly P26 billion in the first six months of this year […]
October 9, 2018

PSALM sets December 14 as bidding date for Malaya Thermal Power Plant

By Lenie Lectura – October 8, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has set on December 14 the bidding for the privatization of the 650-megawatt Malaya Thermal Power Plant (MTPP). In a bid invite […]
October 3, 2018

Korean firm bids for operation of Malaya thermal power plant

By Lenie Lectura – October 3, 2018 from Business Mirror SOOSAN ENS Co. Ltd. of Korea is the lone bidder for the one-year operation and maintenance service contract (OMSC) for the 650-megawatt (MW) Malaya thermal power plant (TPP). The Power […]
September 15, 2018

PSALM leases property to Philippine Coast Guard

By Myrna M. Velasco – September 14, 2018, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has cemented a lease pact with the Philippine Coast Guard (PCG) for the latter’s use of a portion […]