Monday, May 11, 2026
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Tag: PSALM

PSALM receives P3.1-billion payment for Malaya plant

State-run Power Sector Assets and Liabilities Management Corp. said Wednesday it received P3.123 billion from Belgrove Power Corp., representing the entire purchase price for...

Meralco, 2 other groups eye 20-hectare Paco lot

Three companies including Manila Electric Co. expressed interest to participate in the sale of the Paco-Manila property of state-run Power Sector Assets and Liabilities...

Fort Pilar gets notice of award for Malaya

Power Sector Assets and Liabilities Management Corp. said Wednesday it issued the notice of award to Fort Pilar Energy Inc., the winning negotiating party...

Fort Pilar Energy to transform Malaya plant into modern facility

Fort Pilar Energy Inc., the winning negotiating party that submitted the highest offer at P3.125 billion for the 650-megawatt Malaya Thermal Power Plant and...

Four groups interested in Malaya power plant

Power Sector Assets and Liabilities Management Corp. said Thursday it is optimistic of selling the 650-megawatt Malaya Thermal Power Plant and its underlying land...

Five groups interested to join third round of negotiated sale for Malaya thermal plant assets

Five companies expressed interest to participate in the third-round of negotiated sale for the 650-megawatt Malaya Thermal Power Plant and its underlying land in...

PSALM reduces bid price of Malaya plant

State-run Power Sector Assets and Liabilities Management Corp. lowered the minimum offering price of the 650-megawatt Malaya Thermal Power Plant (MTPP) to P1.845 billion...

PSALM trims debt by 9.5% to P382b

State-run Power Sector Assets and Liabilities Management Corp. said Wednesday it trimmed its financial obligations by 9.5 percent to P381.908 billion in 2020 from...

PSALM seen to leave gov’t with P208b in debt by 2026

Power Sector Assets and Liabilities Management Corp. which was formed in 2001 to dispose of state-owned power assets will cease as a company by...

PSALM fails to get interest on negotiated sale of Malaya plant

The negotiated sale of the 650-megawatt Malaya Thermal Power Plant and land failed to receive any participant during the pre-negotiation process on Friday as...

PSALM reduces debt to P393.3b

State-run Power Sector Assets and Liabilities Management Corp. said Wednesday it reduced its financial obligations by 6.7 percent to P393.3 billion as of end-June...

PSALM opts to negotiate Malaya sale

State-run Power Sector Assets and Liabilities Management Corp. said Tuesday the Privatization Bids and Awards Committee asked interested parties to join the negotiated sale...

Bidding for Malaya power plant fails again

State-run Power Sector Assets and Liabilities Management Corp. declared a failure the third round of public auction for the 650-megawatt Malaya Thermal Power Plant...

PSALM selling 5.4-ha. property in Pampanga

State-run Power Sector Assets and Liabilities Management Corp. said Tuesday it is privatizing a 5.447 –hectare property in Barangay Lagundi, Mexico, Pampanga with a...
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