ADB tapped as advisor for bidding of CBK hydropower plant complex

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State-run Power Sector Assets and Liabilities Management Corp. awarded the Asian Development Bank the transaction advisor contract to monetize the Caliraya–Botocan–Kalayaan hydroelectric power plant complex.

Dela Serna said PSALM would prepare the draft documents for qualification and bidding and asset sale agreements. It is run by independent power producer CBK Power Co. Ltd. under a 25-year build–rehabilitate–operate–transfer contract which will expire in 2026.

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MlaStandard /  🏆 20. in PH

Indonesia Berita Terbaru, Indonesia Berita utama

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