Wednesday, January 20, 2010

Solon files bill vs AGUS complex privatization

By Ric Clet, Mangagawang Media Ng Mindanao



Iligan City – Representative Vicente ‘Varf” Belmonte of Iligan City has filed a bill in congress providing for exclusion from privatization of the National Power Corporation Agus Hydro Electric Power (HEP) plants.



The bill was filed during the joint session last month of the Senate and the lower House. Belmonte said “He is confident that the bill will not have a hard time at the house since speaker Prospero Nograles has expressed his support to the matter.



“There are six major plants that are slated to be sold this year”, Belmonte said.



The Power Sector Assets Liabilities Management Corporation (PSALMS), the state run overseer of power assets has line up six huge power plants for privatizations this year.



Base on official data, Psalms has scheduled the first sale of the 246 mega watt (MW) Angat Power plant in February this year.



PSALMS is a state entity created under the EPIRA Law to handle the privatization of the NPC asset including their contracted capacities.

Power plants included in this year’s disposal list are the 150-MW Bacon Manito, The 235-MW Bauang, the 310 MW Navotas, the 114 MW Iligan I and II and the 850-MW decommissioned Sucat.



From 2011 to 2013 PSALMS will be selling seven more power plants package.



These include the 982 MW Agus 1-7 and Pulangi 650 MW Malaya, Power barges 101,102,103,104 and the 149 MW capacity each and the 149 MW Cebu coal I and II and Cebu diesel I.



Psalms has already concluded its power plants sale process for 2009 with the successful negotiated bid of the Naga-based gas turbine last 2009.





PHILIP JAMES MONGAYA TREMEDAL
CALL OR TEXT ME : 0939-293-2727
OR E-MAIL ME : pjtremedal@gmail.com
visit my website: www.pag-enews.tk

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