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                    [Title] => Changing the rules midstream
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The planned privatization of the National Transmission Company (Transco) is taking a long time coming, and it’s not helping the government any. There have already been two biddings conducted by the controversy-ridden Power Sector Assets and Liabilities Management Corporation or PSALM since 2001 — both of them utter failures — and it looks like the third bidding process set for Jan. 22 this year is going to be postponed again.


                    [DatePublished] => 2007-01-16 00:00:00
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HENRY SY JR. AND JOSE CAMPOS JR.

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The planned privatization of the National Transmission Company (Transco) is taking a long time coming, and it’s not helping the government any. There have already been two biddings conducted by the controversy-ridden Power Sector Assets and Liabilities Management Corporation or PSALM since 2001 — both of them utter failures — and it looks like the third bidding process set for Jan. 22 this year is going to be postponed again.


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abtest

Changing the rules midstream

January 16, 2007 - 12:00am

The planned privatization of the National Transmission Company (Transco) is taking a long time coming, and it’s not helping the government any. There have already been two biddings conducted by the controversy-ridden...

Business