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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 163234 [Title] => Delay in operation of power plant eats into governments 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] => ) [1] => 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] => ) ) )
GAS POWER
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 163234 [Title] => Delay in operation of power plant eats into governments 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] => ) [1] => 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] => ) ) )
abtest
June 3, 2002 - 12:00am
By Donnabelle L. Gatdula | May 17, 2002 - 12:00am
Recommended
The Insurance Commission has placed health maintenance organization Stotsenberg Healthcare Systems Inc.under conservatorship amid its inability to address requirements from the government.
3 days ago
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February 12, 2018
- 12:00 am
- 12:00 am
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