Transition Ceremony for SPI Contract Management Function

SPI recently hosted the turnover ceremony marking the transition of the contract management function from the National Power Corporation (NPC) - Independent Power Producers Contract Management (IPPCM) Mindanao Generation to the Power Sector Assets and Liabilities Management (PSALM) Corporation. Effective July 26, 2024, this transition includes the monthly joint billing meter reading and the submission of SPI's daily status report, day-ahead generation schedule, facility daily dispatch summary, significant event reports, and available capacity notice, among other responsibilities.

Dr. Carsten Evers expressed deep gratitude to NPC-IPPCM for their invaluable contribution and support over the last 18 years, which enabled SPI to fulfill its mission of providing electric power in a highly efficient, reliable, and responsible manner. He acknowledged the efforts and dedication of NPC-IPPCM, highlighting their role in ensuring SPI's success in the energy sector.

Representing NPC-IPPCM, Connie Noreen Diano commended SPI for its full cooperation and emphasized the fruitful partnership that has resulted in a mutually beneficial relationship between the two companies.

Dr. Evers welcomed the PSALM-IPPA-CAD team, represented virtually by Eduardo Manuel and Amhina Mae Ducusin, and expressed his optimism for a strong partnership and collaboration between SPI and PSALM. He highlighted the shared commitment to maintaining high standards and enhancing operational excellence in power generation.

This transition marks a new chapter in SPI's journey, as the company looks forward to continuing its legacy of excellence in collaboration with PSALM.