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                    [ArticleID] => 291787
                    [Title] => PSALM sets pre-bid meeting for Calaca power plant
                    [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) will hold a pre—bidding conference by the end of this month for the 600—megawatt (MW) Calaca coal—fired thermal power plant.


This will be PSALM’s second attempt to sell the plant after a failed bidding last June when one of only two bidder withdrew its proposal to acquire the plant.


The group that backed out is Japanese firm Mitsui Co. Ltd. and Phil—Mal Petroenergy Corp., a joint venture between businessmen Eduardo Alinarog and WTK Holdings of Malaysia.


                    [DatePublished] => 2005-08-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 284170
                    [Title] => Government scraps power plant sale after 2 bidders bow out
                    [Summary] => The Philippine government, which is selling power assets to pay debt and exit the industry, scrapped Tuesday’s auction of a 600-megawatt coal-fired thermal plant after two of the three qualified bidders bowed out.


The Power Sector Assets and Liabilities Management Corp., the state agency overseeing the sale, said the two bidders backed out because the Calaca plant didn’t have a supply contract. The remaining bidder was a unit of First Philippine Holdings Corp., the agency said.


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FIRST GEN LUZON POWER CORP

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                    [ArticleID] => 291787
                    [Title] => PSALM sets pre-bid meeting for Calaca power plant
                    [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) will hold a pre—bidding conference by the end of this month for the 600—megawatt (MW) Calaca coal—fired thermal power plant.


This will be PSALM’s second attempt to sell the plant after a failed bidding last June when one of only two bidder withdrew its proposal to acquire the plant.


The group that backed out is Japanese firm Mitsui Co. Ltd. and Phil—Mal Petroenergy Corp., a joint venture between businessmen Eduardo Alinarog and WTK Holdings of Malaysia.


                    [DatePublished] => 2005-08-16 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Rocel Felix
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                    [ArticleID] => 284170
                    [Title] => Government scraps power plant sale after 2 bidders bow out
                    [Summary] => The Philippine government, which is selling power assets to pay debt and exit the industry, scrapped Tuesday’s auction of a 600-megawatt coal-fired thermal plant after two of the three qualified bidders bowed out.


The Power Sector Assets and Liabilities Management Corp., the state agency overseeing the sale, said the two bidders backed out because the Calaca plant didn’t have a supply contract. The remaining bidder was a unit of First Philippine Holdings Corp., the agency said.


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PSALM sets pre-bid meeting for Calaca power plant

By Rocel Felix | August 16, 2005 - 12:00am

The Power Sector Assets and Liabilities Management Corp. (PSALM) will hold a pre—bidding conference by the end of this month for the 600—megawatt (MW) Calaca coal—fired thermal power plant. This will...

Business

Government scraps power plant sale after 2 bidders bow out

June 30, 2005 - 12:00am

The Philippine government, which is selling power assets to pay debt and exit the industry, scrapped Tuesday’s auction of a 600-megawatt coal-fired thermal plant after two of the three qualified bidders bowed...

Business