Stay updated with breaking news from Dela Serna. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Power Sector Assets and Liabilities Management Corp. (PSALM) said it can raise some P200 billion from its receivables and the sale of power assets, but the amount is still not enough to pay off the remaining debts incurred by the National Power Corp. (NPC). “The estimate of our key remaining assets is about P45
The Power Sector Assets and Liabilities Management Corp. (PSALM) has paid off P54.75 billion worth of debts, interest and other charges in the first half, bringing down its financial obligations to P315.3 billion as of end-June. During the six-month period, PSALM settled P45.85 billion worth of principal debt and Independent…
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is expected to receive up to $526 million by the end of the year from Fresh..
Eight entities have qualified to proceed in the bidding for the sale of the 165-megawatt Casecnan Hydroelectric Power Plant in Pantabangan, Nueva Ecija, according to the Power Sector Assets and Liabilities Management Corp..
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has reduced its outstanding debt by P8.44 billion last year to P346.76 billion from the prior year’s P335.25 billion on higher revenues. According to PSALM President and CEO Dennis Edward A. Dela Serna, the firm’s imp