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Home » Power Sector Assets and Liabilities Management Corp. You are browsing entries tagged with “Power Sector Assets and Liabilities Management Corp.”

Napocor defers off-grid subsidy collection

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The National Power Corp. (Napocor) is holding off the collection of its universal charge for missionary electrification (UCME), which subsidizes power generation activities in off-grid, remote areas of the country.

Posted: March 3rd, 2014 in Headlines | Read More »

PSALM pushes bulk deals for geothermal power plants

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The Power Sector Assets and Liabilities Management (PSALM) Corp. will privatize the bulk energy contracts for the typhoon-ravaged Unified Leyte Geothermal Power Plant (ULGPP) in Leyte and Mt. Apo 1 and 2 geothermal power plants in Mindanao.

Posted: January 31st, 2014 in Headlines | Read More »

PSALM eyes March turnover of Angat hydro plant

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The Power Sector Assets and Liabilities Management Corp. (PSALM) hopes to finally turn over the 218-megawatt (MW) unit of the Angat hydroelectric power plant to Korea Water Resources Development Corp. (K-Water) this summer.

Posted: January 26th, 2014 in Headlines | Read More »

Palace: Too soon to rule out power rate fixing

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Sen. Sergio Osmeña III (Inquirer file photo), Energy Secretary Jericho Petilla (AP file photo), Communications Secretary Herminio Coloma (Inquirer file photo)

Malacañang is apparently not buying Sen. Sergio Osmeña III’s pronouncement that there was no collusion among the energy market players to manipulate power rates when the Malampaya natural gas plant shut down for maintenance work for one month last year.

Posted: January 26th, 2014 in Featured Gallery,Headlines,Photos & Videos | Read More »

PSALM names top bidders in Unified Leyte auction

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State-owned Power Sector Assets and Liabilities Management Corp. (PSALM) said it successfully bidded out rights to the bulk and “strips” (small-sized) of energy output from the 588.5-megawatt Unified Leyte Geothermal Power Plant (ULGPP) in Tongonan, Leyte.

Posted: November 10th, 2013 in Headlines | Read More »

SPC unit bids highest for power barges

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SPC Power subsidiary SPC Island Power Corp. submitted the highest bid for the first package of power barges (PBs) put up for auction by the Power Sector Assets and Liabilities Management Corp. (PSALM).

Posted: October 31st, 2013 in Headlines | Read More »

Psalm seeks adjustment in fuel, forex costs

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Power rates in Luzon may go down by 20.68 centavos per kilowatt-hour should regulators approve the adjustment in the fuel and foreign exchange costs of state-run Power Sector Assets and Liabilities Management Corp.   Based on a petition filed before the Energy Regulatory Commission, electricity rates in Mindanao may also go down by 5.06 centavos [...]

Posted: September 1st, 2013 in Headlines | Read More »

10 firms seen vying for 588-MW Unified Leyte steam facilities

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Prospective bidders, including some of the biggest players in the local energy sector, have swarmed the pre-bidding conference for the 588-megawatt Unified Leyte geothermal facilities, said state-run Power Sector Assets and Liabilities Management Corp. in a statement.

Posted: August 28th, 2013 in Headlines | Read More »

Big power firms eye bulk contract for Unified Leyte geothermal facilities

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The Leyte geothermal plant. www.geothermal-energy.org  photo

Prospective bidders, including some of the biggest players in the local energy sector, have showed up in the pre-bid conference for the 588-megawatt Unified Leyte geothermal facilities, said the state-run Power Sector Assets and Liabilities Management Corp.

Posted: August 28th, 2013 in Latest Business Stories | Read More »

NGCP still up for IPO; preparations ongoing

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Sy-led National Grid Corp. of the Philippines (NGCP) is still up for a required initial public offering (IPO) and is undertaking various projects to present the company in top shape when its shares are offered through the Philippine Stock Exchange (PSE).

Posted: August 4th, 2013 in Headlines | Read More »

PSALM starts bid process for 4 power barges

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, which manages the supply of electricity from the government’s remaining power generators, said Thursday it would sell four power barges by October this year.

Posted: July 19th, 2013 in Headlines | Read More »

Petilla flies to Korea to solve Angat issue

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Energy Secretary Carlos Jericho L. Petilla is flying to South Korea this week to personally “negotiate” with Korea Water Resources Corp. (K-Water) to expedite the turnover of the 218-megawatt Angat hydroelectric power plant (HEPP) to the leading water resources and power firm in South Korea.

Posted: June 23rd, 2013 in Headlines | Read More »

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