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                    [ArticleID] => 339636
                    [Title] => TransCo sees P1B from sale of assets
                    [Summary] => The government will earn over P1 billion once all contracts with distribution utilities on the sale of the sub-transmission assets (STAs) of the National Transmission Corp. (TransCo) are approved by the Energy Regulatory Commission (ERC), a ranking TransCo official said.


TransCo president Alan T. Ortiz said since 2004, TransCo has already sold five STAs. The sale contracts still need ERC approval before full payments are made.


So far, only one divestment contract, San Fernando Electric Light and Power Corp. (SFELAPCO), has been affirmed by the ERC.


                    [DatePublished] => 2006-06-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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SAN FERNANDO ELECTRIC LIGHT AND POWER CORP

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                    [ArticleID] => 339636
                    [Title] => TransCo sees P1B from sale of assets
                    [Summary] => The government will earn over P1 billion once all contracts with distribution utilities on the sale of the sub-transmission assets (STAs) of the National Transmission Corp. (TransCo) are approved by the Energy Regulatory Commission (ERC), a ranking TransCo official said.


TransCo president Alan T. Ortiz said since 2004, TransCo has already sold five STAs. The sale contracts still need ERC approval before full payments are made.


So far, only one divestment contract, San Fernando Electric Light and Power Corp. (SFELAPCO), has been affirmed by the ERC.


                    [DatePublished] => 2006-06-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Donnabelle L. Gatdula
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TransCo sees P1B from sale of assets

By Donnabelle L. Gatdula | June 1, 2006 - 12:00am

The government will earn over P1 billion once all contracts with distribution utilities on the sale of the sub-transmission assets (STAs) of the National Transmission Corp. (TransCo) are approved by the Energy Regulatory...

Business