State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has trimmed its outstanding financial obligations to P355.2 billion as of end-December last year, lower by roughly P26 billion from P381.72 billion in the prior year. Of the firm’s remaining liabilities, P264.3 billion
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) reported that the magnitude of privatization proceeds it collected from the divestment of National Power Corporation (NPC) assets already topped P672.57 billion as of the end of the third quarter 2021.
Power Sector Asset
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has engaged multinational consulting firm PricewaterhouseCoopers (PwC) for a third party valuation that will serve as a "pricing anchor" for the privatization of the 165-megawatt Casecnan multi-purpose hydropower facility.
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) will re-bid its prime property in Mexico, Pampanga by early next year. In a statement to the media, PSALM noted that the next round of auction will be slated on January 20 next year. Interested buyers will be given leew
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. Th