The Power Sector Assets and Liabilities Management Corp. (Psalm) has awarded to some of the independent power producers the contract to the “strips of energy” in the 588.5-megawatt Unified Leyte Geothermal Power Plant (ULGPP) complex that was bid out late last year.
In separate filings with the Philippine Stock Exchange, Aboitiz Group and Vivant Corp. both disclosed that they have received an independent power producer administrator contract for the strips of energy they won from the Unified Leyte complex.
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