AND why has his San Miguel Corporation been excluded by the Power Sector Assets and Liabilities Management Corp. or PSALM from the chosen list of power companies bidding for the 650-megawatt Malaya thermal power plant in Pililla, Rizal?
As stated in the Electric Power Industry Reform Act of 2001 (the EPIRA law), the assets and liabilities of the National Power Corporation are to be managed by PSALM.
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