August 10, 2018

PSALM names 2 sites to privatize this year

By Lenie Lectura – August 9, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has identified two real-estate assets it intends privatize late this year or early-2019. PSALM President Irene Joy Besido-Garcia said the agency […]
August 7, 2018

PSALM to sell Malaya thermal plant ‘as is, where is’

By Lenie Lectura – August 6, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) Board has decided to sell the 650-megawatt (MW) Malaya Thermal Power Plant (MTPP) on an “as is, where is” basis, scrapping […]
August 3, 2018

PSALM seeking govt okay to pass to consumers stranded debts, costs of NPC

By Lenie Lectura – August 2, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) is seeking regulatory approval to pass on to end-users the stranded debts (SD) of the National Power Corp. (NPC) amounting to P11.8 […]
July 27, 2018

SMC sets US$3.5-B counter-billing versus PSALM on Ilijan plant

By Myrna M. Velasco – July 26, 2018, 10:00 PM from Manila Bulletin The energy subsidiary of San Miguel Corporation (SMC) is willing to pay the P22.396-billion booked receivables of Power Sector Assets and Liabilities Management Corporation (PSALM) for the […]