In implementing the restructuring of the power sector, the EPIRA created the Power Sector Assets and Liabilities Management (PSALM) Corporation, a wholly-owned and -controlled government entity, to take over the ownership of all existing generation assets of the National Power Corporation (NPC), independent power producer (IPP) contracts, real estate, and all other disposable assets including the transmission business of the National Transmission Corporation. By the same token, PSALM assumed all outstanding obligations of NPC arising from loans, issuances of bonds, securities, and other instruments of indebtedness. The principal purpose of PSALM, as mandated by the EPIRA, is to manage the orderly sale and privatization of these assets with the objective of liquidating all of NPC's financial obligations in an optimal manner.

Electric Vehicles

Energy

Renewable Energy

Utilities

PSALM

PSALM's headquarters in Quezon City, Philippines

This department provides organizational support and manages administrative functions within the corporation.

Corporate Services

The Finance and Trading Team at PSALM is responsible for managing the financial operations and strategizing the trading of electricity and energy assets. This includes analyzing market trends, optimizing financial performance, executing energy trades, and ensuring the orderly privatization and monetization of power sector assets to liquidate NPC’s financial obligations effectively.

Finance and Trading Team

This department manages employee relations, recruitment, and organizational development.

Human Resources

This department is responsible for ensuring the accuracy, integrity, and proper management of data across the organization.

Data Governance

This department oversees legal matters, compliance, and contract management within the organization.

Legal Affairs

This department specializes in optimizing and overseeing power management solutions and strategies.

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People (3)

Jobs (0)

Other teams

Finance and Trading Team

Human Resources

Data Governance

Legal Affairs

Power Management

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People (3)

Jobs (0)

Other teams

Finance and Trading Team

Human Resources

Data Governance

Legal Affairs

Power Management

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