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The Power Sector Assets and Liabilities Management (PSALM) Corp. has concluded the sale of Power Barges 101 to 103 to Trans-Asia Oil & Energy Corp., its top official said.

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The Power Sector Assets and Liabilities Management Corp., the government agency handling the sale of state-owned power assets, is aiming to conclude the sale of Power Barges 101 to 103 by the end of the year.

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The Power Sector Assets and Liabilities Management Corp. (PSALM), the government agency tasked to privatize state-owned power assets, has started negotiations with the Phinma Group’s Trans-Asia Oil & Energy Corp. for the privatization of Power Barges 101, 102 and 103.

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The Power Sector Assets and Liabilities Management Corp. (PSALM) is set to start negotiations with the Phinma Group’s Trans-Asia Oil & Energy Corp. for the privatization of Power Barges 101, 102 and 103.

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Eight firms have signified interest to bid for the four power barges that would be auctioned off by the government on Oct. 9, the state-run Power Sector Assets and Liabilities Management Corp. (PSALM) said.

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The Power Sector Assets and Liabilities Management Corp. (PSALM), the government agency tasked to privatize state-owned power assets, has started negotiations with the Phinma Group’s Trans-Asia Oil & Energy Corp. for the privatization of Power Barges 101, 102 and 103.

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Eight firms have signified interest to bid for the four power barges that would be auctioned off by the government on Oct. 9, the state-run Power Sector Assets and Liabilities Management Corp. (PSALM) said.

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State-run Power Sector Assets and Liabilities Management Corp. (PSALM) will sell Power Barges (PB) 101-104 of the National Power Corp. (Napocor) on March 2012, a top PSALM official said.
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abtest

PSALM concludes sale of power barges

By Iris Gonzales | January 5, 2015 - 12:00am

The Power Sector Assets and Liabilities Management (PSALM) Corp. has concluded the sale of Power Barges 101 to 103 to Trans-Asia Oil & Energy Corp., its top official said.

Business

PSALM finalizing sale of power barges to Phinma unit

By Iris Gonzales | November 24, 2014 - 12:00am

The Power Sector Assets and Liabilities Management Corp., the government agency handling the sale of state-owned power assets, is aiming to conclude the sale of Power Barges 101 to 103 by the end of the year.

Business

Psalm starts talks with Trans-Asia on privatization of power barges

By Iris Gonzales | October 14, 2014 - 12:00am

The Power Sector Assets and Liabilities Management Corp. (PSALM), the government agency tasked to privatize state-owned power...

Business

PSALM to start talks on sale of power barges

By Iris Gonzales | July 28, 2014 - 12:00am

The Power Sector Assets and Liabilities Management Corp. (PSALM) is set to start negotiations with the Phinma Group’s Trans-Asia Oil & Energy Corp. for the privatization of Power Barges 101, 102 and 1...

Business

Aboitiz to acquire state-owned power assets

By Neil Jerome C. Morales | August 15, 2013 - 12:00am

Aboitiz Power Corp. (AP), one of the top power producers in the Philippines, is looking to increase its generating capacity...

Business

8 groups express interest in bidding for 4 power barges

August 8, 2013 - 12:00am

Eight firms have signified interest to bid for the four power barges that would be auctioned off by the government on Oct. 9, the state-run Power Sector Assets and Liabilities Management Corp. (PSALM) said.

Business

PSALM seeks bidders for engine oil supply

By Neil Jerome C. Morales | July 22, 2012 - 12:00am

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) is seeking bids for the supply of P59.56 million worth of engine lubricating oil to four state-owned power barges.

Business

Napocor seeks buyers for power facilities

By Neil Jerome Morales | June 18, 2012 - 12:00am

State-owned National Power Corp. (Napocor) is seeking buyers for roughly P20 million worth of power barge, power generators, vehicles and used oil.

Business

PSALM eyes $500-M notes

By Ted P. Torres | January 11, 2012 - 12:00am

The state-run Power Sector Assets and Liabilities Management Corp. (PSALM) is eyeing a $500-million notes issue to refinance its maturing debts, a top company official said.

Business

PSALM to sell Napocor power barges in Q1

By Donnabelle L. Gatdula | December 5, 2011 - 12:00am

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) will sell Power Barges (PB) 101-104 of the National Power Corp. (Napocor) on March 2012, a top PSALM official said.

Business