State-run Power Sector Assets and Liabilities Management Corporation (PSALM) will be filing a motion for reconsideration on the P980,400.00 penalty imposed by the Energy Regulatory Commission (ERC) on forced outages violation of its newly privatized 650-megawatt Malaya thermal power facility. The...
Korean firm tapped as O&M contractor for Casecnan hydro plant By Myrna M. Velasco South Korean firm Soosan ENS will be engaged as the operation and maintenance (O&M) contractor for the 165-megawatt Casecnan hydropower plant in Nueva Ecija, according to state-run Power Sector Assets and...
The liquefied natural gas (LNG) import facility of Atlantic, Gulf and Pacific Company Inc. (AG&P) will supply the fuel needs for electricity generation of the 1,200-megawatt Ilijan gas-fired power facility starting next year, according to the Department of Energy’s (DOE) Oil Industry...
Power Sector Assets and Liabilities Management Corp State-run Power Sector Assets and Liabilities Management Corporation (PSALM) will bid out a real estate asset in Limay, Bataan that is seen ideal for industrial development. In a ‘notice to bid’ issued by the company, PSALM apprised interested...
PSALM At least seven firms to join the auction of the one-year operation and maintenance service contract (OMSC) for the 165-megawatt Casecnan hydropower facility in Nueva Ecija, the state-run Power Sector Assets and Liabilities Management Corporation (PSALM) said. PSALM listed as prospective...
Kim Chiu has been going viral. In fact, she has become a favorite meme subject. Remember when she kept on falling during performances on "ASAP?" Then there's her "bawal lumabas" statement from last year. Kim's past relationship with Gerald Anderson also kept haunting her present. The actress-tv...
The proposed development of the National Power Corporation (NPC) property in Diliman, Quezon City into a mixed-use commercial complex will warrant the corporate life extension of state-run Power Sector Assets and Liabilities Management Corporation. PSALM President Irene Besido-Garcia said that...
Two Filipino firms are eyeing to participate in the scheduled auction of a prime Pampanga real estate asset that state-run Power Sector Assets and Liabilities Management Corporation (PSALM) will be divesting next month. The interested investors are Panasia Energy Inc., a subsidiary of Millenium...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) indicated that it would be able to trim down outstanding financial obligations by P23 billion this year on continued flow of proceeds from the sale of National Power Corporation's (NPC) assets. psalm logo “At the start...
The review committee and the board of directors of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) has approved the proposed competitive bidding for the operation and maintenance (O&M) contract of the 150-megawatt Casecnan hydropower facility. psalm logo In the...
Romero-owned Fort Pilar Energy Inc. is out to challenge the dominance of the industry’s “big boys” as the company casts capacity buildup of up to 3,000 megawatts to become one of the major power sector players in the next five years. Belgrove Power photo Fort Pilar Energy Chief Executive...
Power utility giant Manila Electric Company (Meralco) submitted a winning bid for the Paco-Manila property via a negotiated sale process conducted by state-run Power Sector Assets and Liabilities Management Corp. (PSALM) on Friday (September 10) According to the government-owned firm, Meralco...
