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Cagayan de Oro City, Philippines — As the Power Sector Assets and Liabilities Management Corporation (PSALM) moves to appraise the Mindanao STEAG Power Station ahead of its planned privatization, the Philippine Movement for Climate Justice (PMCJ) warned that Mindanao’s power shortage is being used as an excuse to keep an aging, failing coal plant running with no clear retirement timeline. The two-unit plant, with a total of 232 megawatts (MW) capacity, is now rebranded as SP