The president of the Power Sector and Liabilities Management Corporation (PSALM), Jose Ibazeta, was quoted as saying by the media that his agency has already set the 40% payment deadline for Calaca power plant on August 4. But on a succeeding inquiry by some press people, PSALM, through its spokesperson Conrad Tolentino, explained that the said deadline is only for the submission of documents by the winning bidder, such as creditor's consent and land warranties.
Wednesday, July 16, 2008
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