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                    [Title] => Another failed bidding
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After press statements claiming there would be no more snags in the Feb. 5 bidding arranged by the Power Sector Assets and Liabilities Management Corp. (PSALM) for the privatization of the National Transmission Co. (TransCo), the bidding was again a dismal failure with only the Italian transmission company Terna SpA in partnership with the Citadel group showing up yesterday. The two other bidders were a no-show. This failure is getting to be the norm rather than the exception, with two botched bidding attempts in 2001 and 2004.


                    [DatePublished] => 2007-02-06 00:00:00
                    [ColumnID] => 135876
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ISLAND RESORT CLUB

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                    [Title] => Another failed bidding
                    [Summary] => 



After press statements claiming there would be no more snags in the Feb. 5 bidding arranged by the Power Sector Assets and Liabilities Management Corp. (PSALM) for the privatization of the National Transmission Co. (TransCo), the bidding was again a dismal failure with only the Italian transmission company Terna SpA in partnership with the Citadel group showing up yesterday. The two other bidders were a no-show. This failure is getting to be the norm rather than the exception, with two botched bidding attempts in 2001 and 2004.


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abtest

Another failed bidding

February 6, 2007 - 12:00am

After press statements claiming there would be no more snags in the Feb. 5 bidding arranged by the Power Sector Assets and Liabilities Management Corp. (PSALM) for the privatization of the National Transmission...

Business