STATE-run Power Sector Assets and Liabilities Management Corp. (PSALM) has opened the bidding for the appointment of a private company to operate the 200 megawatts Mindanao Coal, a coal-fired thermal power plant in Misamis Oriental.

PSALM President and Chief Executive Officer Emmanuel Ledesma Jr said the agency has published in local newspapers the tender for an Independent Power Producer Administrator (IPPA) of Mindanao Coal.

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