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
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
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
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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