Wednesday, December 10, 2025
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Tag: PSALM

PSALM’s term extended for 10 years

President Ferdinand Marcos Jr. has signed a law extending the corporate life of Power Sector Assets and Liabilities Management (PSALM) Corporation for another 10...

PSALM disburses P1.5b to 6 off-grid RE developers

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) said it disbursed P1.5 billion to six renewable energy developers in fulfillment of its mandate...

9 companies joining auction for CBK plants

Nine companies expressed interest to participate in the sale of the 796.64-megawatt Caliraya-Botocan-Kalayaan (СВК) hydroelectric power plants, the Power Sector Asset and Liabilities Management...

PSALM, Naga LGU sign deal for sale of Cebu property

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) said Monday it signed a memorandum of agreement (MOA) with the local government unit (LGU)...

MGEN, ACEN study joining CBK complex auction in June

Meralco PowerGen Corp. and ACEN Corp. are studying the planned asset sale of the 796.64-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Lumban, Majayjay,...

PSALM declares over P500-m savings from reduction of real property taxes

State-run Power Sector Assets and Liabilities Management (PSALM) Corp. said it generated savings of P509.94 million from the implementation of Executive Order No. 83...

NGCP wins arbitration vs. gov’t agencies

The Arbitral Tribunal of the Singapore International Arbitration Centre (SIAC) ruled in favor of National Grid Corp. of the Philippines (NGCP) in the case...

NGCP wins Singapore arbitration against PSALM, TransCo

National Grid Corporation of the Philippines won an arbitration case against state-run Power Sector Assets & Liabilities Management Corp. and National Transmission Corp. (TransCo)...

Marcos orders tax relief for IPPs to avert energy crisis

President Ferdinand Marcos Jr. issued an executive order reducing and condoning real property taxes (RPTs) imposed on independent power producers (IPPs), citing risks to...

PSALM’s 3 Batangas lots fetch P473m

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) said its three lots in Batangas province fetched a bid price of P473.16 million. PSALM said...

PSALM to rebid three properties worth over P470m

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) set the second round of bidding for the sale of three lots in Sto. Tomas...

PSALM selling real estate assets worth over P380m

State-run Power Sector Assets and Liabilities Management Corp. is selling its Bantay and Talon properties with a combined minimum bid price of P389 million. PSALM...

PSALM to bid out 5.8-hectare Southern Luzon lots

Maibarara Geothermal Inc. (MGI) expressed interest in three lots of state-run Power Sector Assets and Liabilities and Management Corp. (PSALM) located in Sto. Tomas...

6 groups holding due diligence on 796-MW CBK hydro plants

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) will pursue the bidding and award of the 796.64-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex...
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