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+ Follow ENERGY SECRETARY AND NAPOCOR Tag
ENERGY SECRETARY AND NAPOCOR
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 741925
                    [Title] => Napocor soon to decide on ecozone rates
                    [Summary] => 

The National Power Corp. (Napocor) said it will soon decide on the request of Manila Electric Co. (Meralco), the Philippine Economic Zone Authority (PEZA) and the Semiconductor and Electronics Industries in the Philippines Inc. (SEIPI) to extend the special rate being offered to ecozone locators until Dec. 12, 2012, the country’s top energy official said.

[DatePublished] => 2011-10-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 161166 [Title] => Napocor eyes compromise with Keilco [Summary] => The National Power Corp. (Napocor) expects to draw up within this month a compromise with Kepco-Ilijan Corp. (Keilco) on the controversial issue of liquidated damages.

Energy Secretary and Napocor chairman Vincent S. Perez told reporters that a resolution on the issue would be presented to the Napocor board within this week.

"There is a compensation of some sort to Napocor. There are indications from the negotiating parties that they have come up with a resolution. Results will be released to media by next week or in the next two weeks," he said.
[DatePublished] => 2002-05-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 145446 [Title] => 3 power cable thieves fall [Summary] => Stolen power transmission cables worth at least P2.5 million were recovered from three thieves who were arrested while preying on the critical 230-kilovolt Tayabas-San Jose... [DatePublished] => 2001-12-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Nation [SectionUrl] => nation [URL] => ) [3] => Array ( [ArticleID] => 96136 [Title] => Napocor to pre-pay some loans upon passage of power bill [Summary] => The National Power Corp. (Napocor) will pre-pay its expensive loans as soon as the power bill is passed, Energy Secretary and Napocor chairman Jose Isidro Camacho said.

"We will be able to save a lot if we can identify and pre-pay those expensive loans of Napocor, Camacho said, adding that an internal committee from Napocor is now in the process of identifying debts to be pre-paid.

The pre-payment of expensive loans, he said, would enable the National Government to absorb less stranded costs of the state-owned power firm.
[DatePublished] => 2001-05-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 99920 [Title] => Napocor to pre-pay some loans upon passage of power bill [Summary] => The National Power Corp. (Napocor) will pre-pay its expensive loans as soon as the power bill is passed, Energy Secretary and Napocor chairman Jose Isidro Camacho said.

"We will be able to save a lot if we can identify and pre-pay those expensive loans of Napocor, Camacho said, adding that an internal committee from Napocor is now in the process of identifying debts to be pre-paid.

The pre-payment of expensive loans, he said, would enable the National Government to absorb less stranded costs of the state-owned power firm.
[DatePublished] => 2001-05-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 86599 [Title] => Napocor to borrow $300M [Summary] => The National Power Corp. (Napocor) will pursue its plan to borrow $300 million to $350 million after getting an assurance of a government guarantee from the Department of Finance (DOF).

Energy Secretary and Napocor chairman Jose Isidro Camacho said he spoke with Finance Secretary Alberto Romulo who said he would support Napocor’s financing plan. Earlier, the DOF had expressed apprehensions about extending a government guarantee due to a ballooning budget deficit.
[DatePublished] => 2001-05-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 96082 [Title] => Napocor to borrow $300M [Summary] => The National Power Corp. (Napocor) will pursue its plan to borrow $300 million to $350 million after getting an assurance of a government guarantee from the Department of Finance (DOF).

Energy Secretary and Napocor chairman Jose Isidro Camacho said he spoke with Finance Secretary Alberto Romulo who said he would support Napocor’s financing plan. Earlier, the DOF had expressed apprehensions about extending a government guarantee due to a ballooning budget deficit.
[DatePublished] => 2001-05-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 88394 [Title] => Napocor threatens to cut off Meralco over P1.37-B debt [Summary] => So, even Meralco gets a disconnection notice.

State-run National Power Corp. (Napocor) has threatened to pull the plug on Manila Electric Co. (Meralco), Metro Manila’s electricity distributor.

This is because of the Lopez-controlled firm’s refusal to pay P1.37 billion in back bills accumulated over a few years.

If Meralco is disconnected from this source of power, limited outages might take place in the metropolis, Napocor said.
[DatePublished] => 2000-10-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
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