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PSALM to sell Naga plant

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State-run Power Sector Assets and Liabilities Management Corp. is set to bid out by July this year the 148.3-megawatt Naga power plant in Cebu, as part of the government’s efforts to sell all remaining state-owned power assets.

Posted: May 17th, 2013 in Headlines | Read More »

PSALM to bid out rehab contract for hydro plant

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State-run Power Sector Assets and Liabilities Management Corp. plans to bid out the crucial P2.6-billion rehabilitation and upgrade project for the Agus 6 hydroelectric power plant in Mindanao in the third quarter.

Posted: May 13th, 2013 in Headlines | Read More »

PSALM improves bid terms for 4 power barges

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State-run Power Sector Assets and Liabilities Management Corp. is bidding out anew four diesel-fired power barges in Visayas and Mindanao under “new terms,” which were hoped to attract serious investor interest.

Posted: May 6th, 2013 in Headlines | Read More »

PSALM opens bid for P467-M coal contract

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POWER Sector Assets and Liabilities Management Corp. is seeking offers for the supply and delivery of $11.4 million (roughly P467 million) worth of imported steaming coal for the thermal power plants in Naga, Cebu.

Posted: April 5th, 2013 in Headlines | Read More »

Higher power rates loom in early ’13

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psalm

The state-run Power Sector Assets and Liabilities Management Corp. expects to start collecting the P140 billion worth of universal charges for stranded debts and contract costs from all grid-connected power consumers early next year.

Posted: December 3rd, 2012 in Editor's Pick,Headlines | Read More »

P319-M Naga contract bidding fails

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STATE-RUN Power Sector Assets and Liabilities Management Corp. declared Friday’s bidding for the P319-million contract to operate and maintain the 146-megawatt Naga power complex in Cebu a failure.

Posted: November 24th, 2012 in Headlines | Read More »

PSALM to bid out P114-M contract

Power Sector Assets and Liabilities Management Corp. is looking for suppliers that will deliver P114 million worth of local coal to fuel the 146-megawatt Naga power complex in Cebu.

Posted: November 17th, 2012 in Headlines | Read More »

Consumers could expect refund due to alleged overpriced power services

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FILE PHOTO

Consumers can expect a refund due to the alleged overcharging on power services done by the Power Sector Assets and Liabilities Management Corporation.

Posted: September 19th, 2012 in Latest Business Stories | Read More »

Power projects to be bid out this week

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psalm

The state-run Power Sector Assets and Liabilities Management Corp. will push through with the bidding this week of four diesel-fired power barges and the operation and maintenance contract for the 650-megawatt Malaya thermal power plant in Rizal.

Posted: August 13th, 2012 in Editor's Pick,Headlines | Read More »

PSALM bids out contract to run Malaya thermal plant

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psalm

The state-run Power Sector Assets and Liabilities Management Corp. is seeking offers for a P556-million contract to operate and maintain the 650-megawatt Malaya thermal power plant in Pililia, Rizal.

Posted: July 24th, 2012 in Latest Business Stories | Read More »

Power barge auction draws four groups

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Four investor groups are eyeing to acquire the four diesel-fired power barges being auctioned off by the state-run Power Sector Assets and Liabilities Management Corp. for the second time this year.

Posted: July 6th, 2012 in Headlines | Read More »

PSALM plans to hike Napocor rates in Luzon, Visayas

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State-run Power Sector Assets and Liabilities Management Corp. (PSALM) plans to hike the power generation rates of National Power Corp. in Luzon by 10.59 centavos per kilowatt-hour, and in the Visayas by 11.57 centavos per kWh over the next five years.

Posted: June 29th, 2012 in Headlines | Read More »

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