PSALM
Renmark Chaluangco has experience as a Senior Human Resource Analyst at Power Sector Assets and Liabilities Management Corporation since August 2017. Prior to this, Renmark worked as a HR Analyst at National Grid Corporation of the Philippines from July 2014 to March 2017, with roles in Organization Movement, Recruitment, and Employee Relations divisions.
This person is not in any teams
PSALM
1 followers
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.