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Three firms eye Bakun hydro plant privatization
May 7, 2026
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Posted 3 hours ago by
AT LEAST three companies have expressed interest in participating in the privatization of the 74.8-megawatt Bakun Hydroelectric Power Plant, state-run Power Sector Assets and Liabilities Management Corp. (PSALM) said. In a statement on Thursday, PSALM said it is advancing the privatization process after holding a pre-bid conference for the auction on May 4.

The conference []
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