^
+ Follow KEILCO Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 886476
                    [Title] => Compromising real property tax liabilities
                    [Summary] => 

Does a local government executive have the power to enter into compromises with respect to unpaid real property tax obligations?

[DatePublished] => 2012-12-16 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 184988 [Title] => Napocor, Keilco agree to settle [Summary] => Kepco Ilijan Co. (Keilco), the consortium that manages the 1,200-MW Ilijan natural gas-fired power plant, has agreed to pay only half of the supposed $38.4 million settlement agreement, it was revealed by National Power Corp.president Roland S. Quilala who said the settlement scheme was approved by the Napocor board last July.
[DatePublished] => 2002-11-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 163234 [Title] => Delay in operation of power plant eats into government’s royalties [Summary] => The five-month delay in the commercial operations of Kepco-Ilijan Corp. (Keilco) has eaten into the royalties that the National Government should have raised from the $4.5 billion Malampaya Deep Water-to-Gas Power project.

Keilco, which was supposed to commercially operate last January, is operated by Korea Electric Co. (Kepco) and the state-owned National Power Corp. (Napocor).
[DatePublished] => 2002-06-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => 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] => ) [4] => Array ( [ArticleID] => 157895 [Title] => DOE probes delay in Ilijan power project [Summary] => The Department of Energy (DOE) has vowed to get to the bottom of the delay in the commercial operations of the $800-million 1,200-megawatt (MW) natural gas power plant in Ilijan, Batangas.

"We are presently having intense discussions on the matter, particularly with Keilco, Mitsubishi Corp., Mirant Philippines Inc., and Kyushu Electric," Energy Secretary Vincent S. Perez said, in an interview.

Perez said the discussions are being held to determine who should be held accountable for the delay.
[DatePublished] => 2002-04-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 156865 [Title] => Ilijan power plant to start comm’l operations in June [Summary] => The Power Assets and Liabilities Management Corp. (PSALM) said the Ilijan natural gas combined cycle power plant will start commercial operations in June this year, six months behind the original schedule.

PSALM president Edgardo Del Fonso, who visited the Ilijan site over the weekend, said the June schedule is a revised target and the proponents seem to be on track.
[DatePublished] => 2002-04-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 154871 [Title] => Ilijan plant to open before June deadline, says Keilco [Summary] => Kepco-Ilijan Corp. (Keilco) is optimistic that it could meet the June deadline for the commercial opening of the 1,200 MW-Ilijan gas-fired power plant, a company official said.

"We came here to contribute to the Philippine economy and doing our best to meet the expectations," Keilco president Choi Byung-Chul said.

The $800-million Ilijan plant was supposed to commercially operate at the start of the year, but some technical problems forced the proponents to push back the schedule.
[DatePublished] => 2002-03-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 138574 [Title] => Ilijan plant fully operational by January [Summary] => KEPCO-Ilijan Corp. (Keilco), the local power unit of Korea Electric Power Corp., expects full commercial operation of its 1,200 MW Ilijan natural gas-fired plant early next year.

A Keilco official, who requested anonymity, said they are currently conducting a series of commissioning tests to ensure delivery of full capacity of the plant by January 2002.
[DatePublished] => 2001-10-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 137846 [Title] => Keilco eyes generation assets of Napocor [Summary] => Kepco-Ilijan Corp. (Keilco), a subsidiary of power giant Korea Electric Power Corp., has expressed interest in the generation assets of the National Power Corp. (Napocor).

"We are very keen to participate in the auction," Keilco vice president Song-Chang Hyun said, in a recent interview.

Hyun said they are just waiting for the approval of the final version of the implementing rules and regulations (IRRs) of the Electric Power Industry Reform Act (EIRA) which will spell out the rules of the game.
[DatePublished] => 2001-10-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 98788 [Title] => $475-M package for Ilijan power plant inked today [Summary] => After a delay of nearly 16 months, the $475-million financial package for the 1,250-megawatt (MW) gas-fired power plant in Batangas will be signed and closed today.

The plant will be operated by a consortium led by Kepco-Ilijan Corp. (Keilco) under a 25-year build-operate-transfer (BOT) contract with the National Power Corp. (Napocor). The Keilco consortium will get a $475-million loan from Export-Import Bank of the United States (USEximBank), the Korean EximBank, and the Japan Bank for International Cooperation (JBIC).
[DatePublished] => 2000-11-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
KEILCO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 886476
                    [Title] => Compromising real property tax liabilities
                    [Summary] => 

Does a local government executive have the power to enter into compromises with respect to unpaid real property tax obligations?

[DatePublished] => 2012-12-16 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 184988 [Title] => Napocor, Keilco agree to settle [Summary] => Kepco Ilijan Co. (Keilco), the consortium that manages the 1,200-MW Ilijan natural gas-fired power plant, has agreed to pay only half of the supposed $38.4 million settlement agreement, it was revealed by National Power Corp.president Roland S. Quilala who said the settlement scheme was approved by the Napocor board last July.
[DatePublished] => 2002-11-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 163234 [Title] => Delay in operation of power plant eats into government’s royalties [Summary] => The five-month delay in the commercial operations of Kepco-Ilijan Corp. (Keilco) has eaten into the royalties that the National Government should have raised from the $4.5 billion Malampaya Deep Water-to-Gas Power project.

Keilco, which was supposed to commercially operate last January, is operated by Korea Electric Co. (Kepco) and the state-owned National Power Corp. (Napocor).
[DatePublished] => 2002-06-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => 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] => ) [4] => Array ( [ArticleID] => 157895 [Title] => DOE probes delay in Ilijan power project [Summary] => The Department of Energy (DOE) has vowed to get to the bottom of the delay in the commercial operations of the $800-million 1,200-megawatt (MW) natural gas power plant in Ilijan, Batangas.

"We are presently having intense discussions on the matter, particularly with Keilco, Mitsubishi Corp., Mirant Philippines Inc., and Kyushu Electric," Energy Secretary Vincent S. Perez said, in an interview.

Perez said the discussions are being held to determine who should be held accountable for the delay.
[DatePublished] => 2002-04-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 156865 [Title] => Ilijan power plant to start comm’l operations in June [Summary] => The Power Assets and Liabilities Management Corp. (PSALM) said the Ilijan natural gas combined cycle power plant will start commercial operations in June this year, six months behind the original schedule.

PSALM president Edgardo Del Fonso, who visited the Ilijan site over the weekend, said the June schedule is a revised target and the proponents seem to be on track.
[DatePublished] => 2002-04-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 154871 [Title] => Ilijan plant to open before June deadline, says Keilco [Summary] => Kepco-Ilijan Corp. (Keilco) is optimistic that it could meet the June deadline for the commercial opening of the 1,200 MW-Ilijan gas-fired power plant, a company official said.

"We came here to contribute to the Philippine economy and doing our best to meet the expectations," Keilco president Choi Byung-Chul said.

The $800-million Ilijan plant was supposed to commercially operate at the start of the year, but some technical problems forced the proponents to push back the schedule.
[DatePublished] => 2002-03-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 138574 [Title] => Ilijan plant fully operational by January [Summary] => KEPCO-Ilijan Corp. (Keilco), the local power unit of Korea Electric Power Corp., expects full commercial operation of its 1,200 MW Ilijan natural gas-fired plant early next year.

A Keilco official, who requested anonymity, said they are currently conducting a series of commissioning tests to ensure delivery of full capacity of the plant by January 2002.
[DatePublished] => 2001-10-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 137846 [Title] => Keilco eyes generation assets of Napocor [Summary] => Kepco-Ilijan Corp. (Keilco), a subsidiary of power giant Korea Electric Power Corp., has expressed interest in the generation assets of the National Power Corp. (Napocor).

"We are very keen to participate in the auction," Keilco vice president Song-Chang Hyun said, in a recent interview.

Hyun said they are just waiting for the approval of the final version of the implementing rules and regulations (IRRs) of the Electric Power Industry Reform Act (EIRA) which will spell out the rules of the game.
[DatePublished] => 2001-10-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 98788 [Title] => $475-M package for Ilijan power plant inked today [Summary] => After a delay of nearly 16 months, the $475-million financial package for the 1,250-megawatt (MW) gas-fired power plant in Batangas will be signed and closed today.

The plant will be operated by a consortium led by Kepco-Ilijan Corp. (Keilco) under a 25-year build-operate-transfer (BOT) contract with the National Power Corp. (Napocor). The Keilco consortium will get a $475-million loan from Export-Import Bank of the United States (USEximBank), the Korean EximBank, and the Japan Bank for International Cooperation (JBIC).
[DatePublished] => 2000-11-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with