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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 361963 [Title] => Congress to probe power market [Summary] => The Joint Congressional Power Commission (Powercom) is set to investigate allegations of price manipulation in the wholesale electricity spot market, which is being blamed for the sudden increases in power rates in Luzon.
Sen. Miriam Defensor-Santiago, who chairs the Powercom, said the inquiry would focus on the Power Sector Assets and Liabilities Management Corp. (PSALM) as the owner of the National Power Corp. (Napocor)s power plants and is the de facto administrator of all Napocor power plants.
[DatePublished] => 2006-10-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1500820 [AuthorName] => Marvin Sy [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 346415 [Title] => Pimentel scores government over Masinloc sale [Summary] => Senate Minority Leader Aquilino Pimentel, Jr. denounced anew the governments decision to give YNN Pacific Consortium 30 more days to settle its $227-million downpayment for the sale of the 600-megawatt power plant in Masinloc, Zambales after failing to do so by the June 30 deadline.
Pimentel said the extension of the payment deadline only lends credence to allegations that YNN Pacific, along with its partner Ranhill Berhad of Malaysia, enjoys the protection of powerful officials in the Arroyo administration.
[DatePublished] => 2006-07-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
GENERATION CO
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 361963 [Title] => Congress to probe power market [Summary] => The Joint Congressional Power Commission (Powercom) is set to investigate allegations of price manipulation in the wholesale electricity spot market, which is being blamed for the sudden increases in power rates in Luzon.
Sen. Miriam Defensor-Santiago, who chairs the Powercom, said the inquiry would focus on the Power Sector Assets and Liabilities Management Corp. (PSALM) as the owner of the National Power Corp. (Napocor)s power plants and is the de facto administrator of all Napocor power plants.
[DatePublished] => 2006-10-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1500820 [AuthorName] => Marvin Sy [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 346415 [Title] => Pimentel scores government over Masinloc sale [Summary] => Senate Minority Leader Aquilino Pimentel, Jr. denounced anew the governments decision to give YNN Pacific Consortium 30 more days to settle its $227-million downpayment for the sale of the 600-megawatt power plant in Masinloc, Zambales after failing to do so by the June 30 deadline.
Pimentel said the extension of the payment deadline only lends credence to allegations that YNN Pacific, along with its partner Ranhill Berhad of Malaysia, enjoys the protection of powerful officials in the Arroyo administration.
[DatePublished] => 2006-07-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
abtest
By Marvin Sy
| October 8, 2006 - 12:00am
By Christina Mendez | July 9, 2006 - 12:00am
Recommended
The Insurance Commission has placed health maintenance organization Stotsenberg Healthcare Systems Inc.under conservatorship amid its inability to address requirements from the government.
1 day ago
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