I don’t know why after these throwing of accusations and blames on why the cost of electricity in the Philippines is high – there are the issues of system loss, cross ownership, WESM, transmission charges, and NPC stranded cost – the President of the Philippines, herself, is not doing her part that is, actually, mandated to her by the Law that she, herself, signed in 2001 to drastically reduced the electricity rates. Read the entire entry …

While many envisioned that EPIRA (RA 9136) will remove the National Government’s burden from the indebtedness of power sector through restructuring of the industry and privatization of NPC assets, here comes another loan of the Philippine Government that is dedicated to the power sector for the further deregulation and privatization of power generation in the country. Read the entire entry …

While SN Aboitiz Power Corp. (SNAP), a partnership between Aboitiz Power Corp. and SN Power Holding Singapore, seemed based their bid price on the old “rule of thumb” Read the entire entry …

Back when I was still working for the Senate Committee on Energy, it was around the early half of 2005. The issue on the sale of Masinloc Power Plant in Zambales exploded when the winning bidder, YNN Pacific Consortium, was found out to be under-capitalize, no experience in power industry, incorporated only around 4 months before the bidding, and according to Joker Arroyo then, to specific office (the company staying in the listed address in SEC was a manpower services office). Read the entire entry …