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NIA transfers 60% of CMIPP ownership to PSALM

The National Irrigation Administration (NIA) has transferred its 60-percent ownership of the P33.75-billion Casecnan Multipurpose Irrigation and Power Project (CMIPP) to the Power Sector Assets and Liabilities Management Corp. (PSALM). NIA Administrator Ricardo R. Visaya and PSALM President and CEO Irene Joy Besido-Garcia signed the Memorandum of Agreement (MOA) for… ....

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