Monday, May 4, 2026
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Tag: PSALM

State firm subsidies plunged 22.94% to P106.9b in 2025

Subsidies granted to state-run firms fell 22.94 percent to P106.924 billion in 2025 as the national government scaled back financial support for major entities,...

PSALM eyes Q3 privatization of Bakun hydro plant

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) plans to privatize the 70-megawatt Bakun hydroelectric power plant in Ilocos Sur in the third...

PSALM trimmed debt to P260.6b as of end-2025

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) said Wednesday it reduced its financial obligations to P260.6 billion as of end-December 2025. The figure...

PSALM transfers CBK hydroelectric plants to Thunder Consortium

State-run Power Sector Assets and Liabilities Management (PSALM) Corp. transferred the 796.56-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex to Thunder Consortium on Monday. The ceremonial...

ERC sets uniform national subsidy for low-income electricity consumers

The Energy Regulatory Commission on Friday issued a resolution expanding electricity assistance for marginalized and low-income households by establishing a uniform national lifeline subsidy. Under...

PPP rules must be upheld

BEFORE 2025 ended, PSALM president Dennis dela Serna revealed that two private sector entities are vying for the rehabilitation of the Agus Hydroelectric Power...

PSALM eyes coal plant retirement, Agus rehab

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) said it will focus on rehabilitating the Agus-Pulangi Hydropower Plant Complex and retiring a 210-megawatt...

PSALM closes P36.3-b sale of CBK hydroelectric plants

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) said Friday it closed the sale of the 96.64-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants, representing...

PSALM eyes up to P90 billion from Agus-Pulangi hydro sale

State-run Power Assets and Liabilities Management Corp. (PSALM) expects to raise between P40 billion and P90 billion from the privatization of the Agus-Pulangi hydro...

PSALM to hand over CBK hydro plants to Thunder Consortium in February

The Power Sector Assets and Liabilities Management Corp. (PSALM) expects to turn over the 796.64-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydro power plant complex in Laguna...

PSALM told to return $60m bond to SMC

A Regional Trial Court (RTC) in Mandaluyong City has directed the state-run Power Sector Assets and Liabilities Management Corp. (PSALM) to return $60 million...

P100-B loan

Power Sector Assets and Liabilities Management Corp. (PSALM) president and chief executive Dennis Edward Dela Serna (third from left), Land Bank of the Philippines...

PSALM secures P100-billion syndicated loan, including P60 billion from LandBank

Land Bank of the Philippines said is extending majority of a P100-billion syndicated term loan facility to the Power Sector Assets and Liabilities Management...

PSALM to rehabilitate Mindanao hydroplant, privatize Quezon City property

The Power Sector Assets and Liabilities Management Corp. (PSALM) plans to rehabilitate the Agus-Pulangi Hydropower Plant Complex (APHPC) in Mindanao and privatize a property...
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