Four companies in for Malaya thermal power facility privatization
Power Sector Assets and Liabilities Management Corporation (PSALM) in the Philippines has received four bids in response to the privatization notice for Malaya thermal power facility. PSALM is seeking a private partner to acquire a 650 MW Malaya thermal power facility and underlying land located in Pililla, Rizal with a minimum offer price of PHP 1.84 billion (US$ 37.93 million).
Four companies that have shown interest in the asset are:
- Sta Clara International Corporation
- VBB Trucking Trading and Consultancy Services Inc.
- Fort Pilar Energy Inc.
- AC Energy Philippines
The deadline to submit the bids is April 23, 2021.
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