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                    [ArticleID] => 142487
                    [Title] => Napocor may buy out local contracts of Enron Power Corp
                    [Summary] => The state-owned  National Power  Corp. (Napocor)  is looking at the possibility of buying out the two existing contracts of Enron Power Corp. (Philippines) in  light of the filing for bankruptcy of what was once the world’s largest trader of energy.


US-based Enron imploded in recent weeks after acknowledging it engaged in questionable accounting practices and overstated its profits by more than half a billion dollars over the past four years.


                    [DatePublished] => 2001-12-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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MIGUEL GAFFUD JR.

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                    [ArticleID] => 142487
                    [Title] => Napocor may buy out local contracts of Enron Power Corp
                    [Summary] => The state-owned  National Power  Corp. (Napocor)  is looking at the possibility of buying out the two existing contracts of Enron Power Corp. (Philippines) in  light of the filing for bankruptcy of what was once the world’s largest trader of energy.


US-based Enron imploded in recent weeks after acknowledging it engaged in questionable accounting practices and overstated its profits by more than half a billion dollars over the past four years.


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abtest

Napocor may buy out local contracts of Enron Power Corp

By Donnabelle L. Gatdula | December 5, 2001 - 12:00am

The state-owned National Power Corp. (Napocor) is looking at the possibility of buying out the two existing contracts of Enron Power Corp. (Philippines) in light of the filing for bankruptcy of what was once...

Business