^
+ Follow CLARA INTERNATIONAL Tag
CLARA INTERNATIONAL
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1516257
                    [Title] => United Holdings budgets P1.2-B for hydropower plant in Bukidnon
                    [Summary] => 

Local renewable energy firm United Holdings Power Corp. (UHPC) is earmarking P1.2 billion for the construction of an 8.4-megawatt (MW) hydropower project in Bukidnon to help augment power supply in Mindanao.

[DatePublished] => 2015-10-29 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1423036 [Title] => Balingasag power plant construction now in full swing [Summary] =>

After logging more than one million safe man-hours or “zero accidents” since the start of construction, the Balingasag thermal power plant of Minergy Coal Corp.(Minergy Coal) in Misamis Oriental is now 42.1-percent complete and set for its targeted inauguration in 2017.

[DatePublished] => 2015-02-13 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 678143 [Title] => Ayala enters joint venture for hydropower generation [Summary] =>

Ayala Corp. (AC), through its wholly-owned subsidiary Michigan Power Inc., has forged a joint venture with Sta. Clara Power Corp., an independent power producer that focuses on run-of-the-river hydroelectric plants, to mark the conglomerate’s entry into hydroelectric power generation.

[DatePublished] => 2011-04-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 64756 [Title] => Blessings pouring in for Raki Vega [Summary] => [DatePublished] => 2008-05-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Freeman Cebu Entertainment [SectionUrl] => cebu-entertainment [URL] => ) [4] => Array ( [ArticleID] => 314274 [Title] => Napocor to settle $500-M maturing debts next year [Summary] => National Power Corp. (Napocor) expects to get rid of some $500 million worth of debts maturing in 2006, a ranking company official said.

Napocor president Cyril del Callar said they intend to transfer these debts to the Power Sector Assets and Liabilities Management Corp. (PSALM) in the first quarter of 2006.

"We hope we could transfer all of Napocor’s maturing debts to PSALM as early as first quarter of next year so that we could keep our break-even position in 2006," he said.
[DatePublished] => 2005-12-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 309836 [Title] => $230-M down for Masinloc plant expected today [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) has forwarded to YNN Pacific Consortium Inc., the winning bidder for the 600-megawatt Masinloc coal-fired power plant, all the closing deliverables as specified under the asset purchase agreement to pave the way for the collection of the 40-percent downpayment worth $230 million expected today.
[DatePublished] => 2005-12-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 291098 [Title] => DOF eyes P12B from sale of Masinloc [Summary] => The Department of Finance (DOF) expects to realize an additional P12 billion in revenues this year from the sale of the 600-megawatt (MW) Masinloc coal-fired power plant, the first big ticket asset of the National Power Corp. (Napocor) placed on the auction block late last year.

"There would be a first installment payment of about $230 million or P12 billion to be remitted to the Power Sector Assets and Liabilities Management Corp. (PSALM) in the fourth quarter of this year," Finance Undersecretary Roberto Tan said yesterday.
[DatePublished] => 2005-08-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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