PSALM pushes plan to sell assets worth P45 billion

MANILA, Philippines — The Power Sector Assets and Liabilities Management Corp. (PSALM) is eyeing to kickstart by yearend the privatization process for the 796.46-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna, which is part of the P45-billion worth of key remaining assets that the state-owned corporation has yet to privatize.

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