Listed Aboitiz Power Corp. said it is still interested in bidding for the independent power producer administrator (IPPA) contracts of the remaining generation assets of the government. Aboitiz Power president and chief executive Erramon I. Aboitiz told reporters that the company is awaiting the go signal of the Power Sector Assets and Liabilities Management Corp. [...]
Posts Tagged ‘IPPA’
Aboitiz to bid on gov’t power plants (9/27/2010)
Posted in Business World News, tagged Aboitiz, IPPA, Privatization on September 27, 2010 | Leave a Comment »
IPP sales proceeds to lower universal charge (8/12/2010)
Posted in Philippine Star News, tagged IPPA, PSALM, Universal charge on August 12, 2010 | Leave a Comment »
The Power Sector Assets and Liabilities Management Corp. (PSALM) has assured that proceeds from the privatization of independent power producer (IPP) contracts will be used to lower the universal charge (UC). In a statement, PSALM said “electricity consumers will benefit from the successful privatization of the contracted capacities of the National Power Corp. (Napocor) in [...]
FDC seeks stop to sale of remaining NPC assets (7/30/2010)
Posted in Inquirer News, tagged IPPA, NPC, Privatization, PSALM on July 30, 2010 | Leave a Comment »
THE FREEDOM from Debt Coalition has urged the government to suspend the sale of the remaining assets of National Power Corp., pending a comprehensive review of the Electric Power Industry Reform Act (Epira). “It will be truly judicious if the scheduled asset sale of the Power Sector Assets and Liabilities Management Corp. (PSALM) is put [...]
Kepco in talks with SMC for Ilijan expansion (7/01/2010)
Posted in Inquirer News, tagged IPPA, Kepco Ilijan, Natural gas, San Miguel on July 1, 2010 | Leave a Comment »
KOREA ELECTRIC POWER CORP. IS in talks with diversifying conglomerate San Miguel Corp. for its plan to expand the 1,200-megawatt (MW) Ilijan natural gas facility in Batangas, by another 300 MW. “We are coordinating and planning with the new independent power producer administrator (IPPA), which is San Miguel,” said Kepco Philippines president and chief executive [...]
‘Zero’ valuation set by PSALM for Malaya plant pressed for review (6/24/2010)
Posted in Manila Bulletin News, tagged IPPA, Malaya, Privatization, PSALM on June 24, 2010 | Leave a Comment »
The ‘zero’ value set by the Power Sector Assets and Liabilities Management Corporation (PSALM) for the 650-megawatt Malaya thermal power facility is being pressed for review, with other concerned government-run energy agencies vouching on the continuing operational efficiencies of the facility. It was gathered that the various energy agencies in the PSALM Board are not [...]
KEPCO renews call for Malaya plant sale freeze (6/21/2010)
Posted in Manila Bulletin News, tagged IPPA, Kepco, Malaya, Privatization, PSALM on June 21, 2010 | Leave a Comment »
With the failed bidding outcome on the appointment of Independent Power Producer Administrator (IPPA) for the 650-megawatt Malaya thermal power plant (MTPP), its plant operator Korea Electric Power Corporation (KEPCO)-Philippines renewed its appeal to the Power Sector Assets and Liabilities Management Corporation (PSALM) on the deferment of the asset’s privatization, at least in the next [...]
PSALM seeks to complete privatization (6/21/2010)
Posted in Inquirer News, tagged IPPA, Privatization, PSALM on June 21, 2010 | Leave a Comment »
Power Sector Assets and Liabilities Management Corp. is preparing to bid out two more independent power producer administrator contracts, as it strives to complete the privatization of all government-owned power assets within the year. PSALM vice president Conrad Tolentino said the IPPA contracts of the 140-megawatt (MW) Casecnan multipurpose power facility in Nueva Vizcaya and [...]
4 groups vie for Naga power plant contract (6/16/2010)
Posted in Inquirer News, tagged IPPA, Open Access, Privatization on June 16, 2010 | Leave a Comment »
AT LEAST FOUR COMPANIES HAVE expressed interest to bid for the management of the independent power producer (IPP) contract of the 149-megawatt (MW) Naga power plant complex in Cebu, according to the state-run Power Sector Assets and Liabilities Management Corp. Conrad Tolentino, PSALM vice president for electricity trading, said these were the companies that submitted [...]
Listed Pacifica to bid for Cebu’s Naga power plant complex (6/16/2010)
Posted in Business World News, tagged IPPA, Privatization on June 16, 2010 | Leave a Comment »
LISTED PACIFICA, Inc. plans to bid for the independent power producer administrator (IPPA) contract covering the Naga power complex in Cebu, which will be auctioned by the government in August. In a disclosure to the Philippine Stock Exchange, Pacifica said it had submitted a letter of interest to the Power Sector Assets and Liabilities Management [...]
San Miguel plans to bid for Cebu power complex (6/10/2010)
Posted in Business World News, tagged IPPA, Privatization, San Miguel on June 10, 2010 | Leave a Comment »
DIVERSIFIED San Miguel Corp. yesterday said it plans to bid for the independent power producer administrator (IPPA) contract of the Naga power plant complex in Cebu, two days after the government opened the bidding process. San Miguel President Ramon S. Ang told reporters his firm would participate in all auctions to be conducted by the [...]