State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is pursuing the collection of more than P33 billion worth of arrears from its contracted customers for power supply. The bulk of the receivables, according to...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has apprised the Senate Committee on Energy that its liabilities had been trimmed by P29 billion as of June this year to P393.3 billion from a heftier scale of P422 billion as of end-December 2019. During the budget...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is dangling P2.007 billion as its negotiating price in the targeted divestment of the 650-megawatt Malaya thermal power facility and its underlying site. The sale price was slashed marginally -- from the P2.188 billion...
In a series of real estate divestments, state-run Power Sector Assets and Liabilities Management Corporation (PSALM) is scheduling sometime this month on the auction block a prime property in Mexico, Pampanga. The company said it is eyeing to fetch P803.151 million from that asset sale, which spans...
Bad luck may have come in threes as the privatization of the 650-megawatt Malaya thermal power plant failed anew on Wednesday (September 23) on its third bid round, therefore, it is prompting asset-seller Power Sector Assets and Liabilities Management Corporation (PSALM) to re-evaluate the...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is scheduling the sale of five more real estate assets via an auction on September 30 this year. The properties due for divestments are located in...
