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Semirara Mining and Power Corp. of the Consunji family, EEI Power Corp. of the Yuchengco Group, and GigaAce 11 Inc. of Ayala’s ACEN Corp. are among the companies that have expressed interest in the 165-megawatt Casecnan Hydroelectric Power Plant, according to the Power Sector Assets and Liabilities Management Corp.
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
At least 14 firms have expressed interest for the 165-megawatt Casecnan hydropower facility, which is scheduled for bidding in March next year. The interested parties which submitted letters of interest (LOI) to asset-seller Power Sector Assets and Liabilities Management Corporation (PSALM) i