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French power firm Suez Energy, the winning bidder of the 600-megawatt Calaca coal-fired power plant in Batangas, has decided to back out of the deal, the Power Sector Assets and Liabilities Management Corp. (PSALM) said yesterday.
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CALACA HOLDCO INC

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abtest

DMCI submits highest bid for Calaca

By Donnabelle L. Gatdula | July 9, 2009 - 12:00am

DMCI Holdings Inc. of the Consunjis submitted the highest offer for the controversial 600-megawatt (MW) coal-fired power plant in a bidding conducted yesterday by the Power Sector Assets and Liabilities Management...

Business

PSALM sells 17 power plants as of March

By Donnabelle L. Gatdula | May 5, 2009 - 12:00am

MANILA, Philippines - State-run Power Sector Assets and Liabilities Management Corp. (PSALM) has sold off 17 generating plants with total rated capacity of 2,167 megawatts (MW) as of March 2009, the company said...

Business

Winning Calaca power plant bidder backs out

By Donnabelle L. Gatdula | January 26, 2009 - 12:00am

French power firm Suez Energy, the winning bidder of the 600-megawatt Calaca coal-fired power plant in Batangas, has decided to back out of the deal, the Power Sector Assets and Liabilities Management Corp. (PSALM)...

Business

ERC rejects rate hike for Napocor

By Donnabelle L. Gatdula | December 23, 2008 - 12:00am

The Energy Regulatory Commission (ERC) yesterday junked the petition of the National Power Corp. (Napocor) to increase its basic generation charge by 36.85 centavos per kilowatthour (kWh) in the Luzon grid.

Headlines

ERC okays interim open access for big users

December 5, 2008 - 12:00am

The Energy Regulatory Commission (ERC) has approved the implementation of the power supply option program (PSOP) or the interim open access (IOA) that will allow big power users to choose where to source their ...

Business

PSALM sets sale of Calaca coal-fired power plant

By Donnabelle L. Gatdula | September 8, 2008 - 12:00am

The Power Sector Assets and Liabilities Management (PSALM) has set an internal target of November to close the sale of 600-megawatt (MW) Calaca coal-fired power plant.

Business

Suez-Tractebel plans several investments in RP power sector

By Ted P. Torres | November 15, 2007 - 12:00am

Business

Belgium seen to boost power industry

By Pia Lee-Brago | November 3, 2007 - 12:00am

Headlines

Calaca bid winner mulls doubling plant capacity

By Donnabelle L. Gatdula | October 18, 2007 - 12:00am

Business