State-run Power Sector Assets and Liabilities Management Corp. (Psalm) has deferred the privatization of a 210-megawatt (MW) coal-fired power plant in Misamis Oriental.
Zenaida Monsada, Department of Energy (DOE) officer-in-charge (OIC), said the Psalm Board has agreed to defer the auction of the independent power producer administrator (IPPA) contract for the Mindanao coal plant.
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