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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 344287 [Title] => Lawmakers want power plant contract scrapped [Summary] => Congressmen vowed yesterday to scrap the sale of the P30-billion power plant in Masinloc, Zambales and ask for a new bidding if the winning bidder fails to deliver the $227-million down payment to the government on Friday.
"That is the only logical course of action that the government, through the Power Sector Assets and Liabilities Management (PSALM) Corp., should take if the bidder fails to meet its third deadline on June 30," said Rep. Teodoro Casiño of the party-list group Bayan Muna.
[DatePublished] => 2006-06-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 343263 [Title] => Masinloc buyer a mere broker [Summary] => The cat is now out of the bag: the buyer of the state-owned P30-billion power plant in Masinloc, Zambales, is just a "mere contract broker that is now cashing in on its operation," Rep. Teodoro Casiño of the party-list group Bayan Muna said yesterday.
"We knew it! This was a big swindle all along!" exclaimed Casiño upon reading newspaper reports that Malaysian power firm Ranhill Bhd was buying out YNN Pacific Consortium Inc. for $8 million (about P424 million) so it can take over and operate the power plant.
[DatePublished] => 2006-06-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097047 [AuthorName] => Jess Diaz [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
RANHILL BHD
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 344287 [Title] => Lawmakers want power plant contract scrapped [Summary] => Congressmen vowed yesterday to scrap the sale of the P30-billion power plant in Masinloc, Zambales and ask for a new bidding if the winning bidder fails to deliver the $227-million down payment to the government on Friday.
"That is the only logical course of action that the government, through the Power Sector Assets and Liabilities Management (PSALM) Corp., should take if the bidder fails to meet its third deadline on June 30," said Rep. Teodoro Casiño of the party-list group Bayan Muna.
[DatePublished] => 2006-06-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 343263 [Title] => Masinloc buyer a mere broker [Summary] => The cat is now out of the bag: the buyer of the state-owned P30-billion power plant in Masinloc, Zambales, is just a "mere contract broker that is now cashing in on its operation," Rep. Teodoro Casiño of the party-list group Bayan Muna said yesterday.
"We knew it! This was a big swindle all along!" exclaimed Casiño upon reading newspaper reports that Malaysian power firm Ranhill Bhd was buying out YNN Pacific Consortium Inc. for $8 million (about P424 million) so it can take over and operate the power plant.
[DatePublished] => 2006-06-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097047 [AuthorName] => Jess Diaz [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
abtest
June 28, 2006 - 12:00am
By Jess Diaz | June 22, 2006 - 12:00am
Recommended
The Rain or Shine Elasto Painters are off to the next round of the PBA Governors’ Cup after pulling away late against the Magnolia Hotshots, 113-103, in Game 5 of their quarterfinal series Saturday evening at the Ynares Center in Antipolo.
5 hours ago
The National University Bulldogs weathered a late 3-point barrage and held on against the Ateneo Blue Eagles, 78-68, to get back on the win column of the UAAP Season 87 men’s basketball tournament Saturday evening at the Mall of Asia Arena.
6 hours ago
The National University Lady Bulldogs remained unblemished in the UAAP Season 87 women’s basketball tournament after clipping the Ateneo Blue Eagles’ wings, 66-58, Saturday at the Mall of Asia Arena.
11 hours ago
Despite getting back-to-back wins with their backs against the wall, the Converge FiberXers are downplaying the momentum shift in their PBA Governors' Cup best-of-five quarterfinal series against the San Miguel Beermen.
16 hours ago
Veteran guard Russell Westbrook made his debut for the Denver Nuggets as they opened the NBA preseason by losing to Boston in Abu Dhabi on Friday (early Saturday, Manila time), but was in awe of one his new teammates.
18 hours ago
Lotto Oct 5, 2024
EZ2/LVM - 10 10
SUERTRES - 2 8 3
6D Lotto - 9 2 9 8 5 8
6/42 - 20 39 22 7 9 1
P23,586,438.00
Grand Lotto - 10 28 3 53 41 20
P40,549,068.00
Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66