PSALM Issues Certificate of Effectivity on AboitizPower Subsidiary’s Purchase of Naga Power Plant Complex

Aboitiz Power Corp. (AboitizPower, PSE: AP) subsidiary Therma Power Visayas Inc. (TPVI) has received the Certificate of Effectivity (COE) from the Power Sector Assets and Liabilities Management Corp. (PSALM) to initiate the former’s purchase of the Naga Power Plant Complex located in Naga City, Cebu. The COE implements the Sept. 28, 2015 decision of the […]
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Shell, PSALM Ink PhP98M Supply Contract

Pilipinas Shell Petroleum Corp. will supply the 2011 engine-lubricating oil (ELO) requirements of the power barges of the Power Sector Assets and Liabilities Management Corp. (PSALM). In a ceremonies held in Makati City on February 17, 2011, PSALM and Shell officially signed the contract agreement amounting to PhP98 million (PhP98,164,167.00) for the supply and delivery […]
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