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The Power Sector Assets and Liabilities Management Corp. has shortlisted seven qualified firms – including the Aboitiz, Meralco, Ayala, Yuchengco and Romero groups – for the sale of the 165-megawatt Casecnan Hydroelectric Power Plant.
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is targeting a successful divestment of the 165-megawatt Casecnan hydropower plant once it is placed for bidding by March 28 this year. The company announced that the second and third pre-bid conferences for the plant