The Power Sector Assets and Liabilities Management Corp. (PSALM) officer-in-charge Lourdes Alzona said Wednesday the bidding of 650-megawatt (MW) Malaya Thermal Power Plant Complex (MTPP) in Pililia, Rizal has been reset from March 8 to March 30.

“The final transaction document will take into consideration the requirement of the Department of Energy for Malaya to be converted to a base load LNG plant. This is currently under discussion and we will defer to our Board,” Alzona said.

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