The National Power Corp. (Napocor) needs at least P3 billion to rehabilitate the Agus-Pulangi hydropower plants in Mindanao to increase their capacities by 100-200 megawatts (MW).
Energy Secretary Jose Rene Almendras told reporters over the weekend that he has directed Napocor “to find a way to bring the hydropower plants back to their 700-MW capacities.”
“For the rehabilitation of our hydropower facilities in Mindanao, it will cost around P2 billion. If we would like to upgrade some of our facilities, then we’re looking at spending about P3 billion,” Napocor president Froilan Tampinco said.
Tampinco said funding for the projects would be sourced from the Power Sector Assets and Liabilities Management Corp. (PSALM), the government’s privatization arm in the power sector.
“Since these facilities are part of the major grid capacities, it will have to be sourced out through PSALM,” he said.
Mindanao experienced brownouts for as long as eight hours in some areas during the summer months due to the low-water level at its hydropower facilities.
Mindanao’s power generation mix is majority composed of hydropower facilities.
Almendras had earlier said that the Agus-Pulangi hydropower facilities must be exempted from the government’s privatization program.
He said the privatization of Agus-Pulangui hydropower complex shall be left to the discretion of PSALM in consultation with Congress.
Over the weekend, Almendras told reporters that Congress has decided to hold the privatization of the Agus-Pulangi hydropower complex. – JE/KBK, GMANews.TV
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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