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
September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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