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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 265574 [Title] => Cepalco questions Transco decision on its assets [Summary] => The Cagayan de Oro Power & Light Co. (Cepalco) is questioning the decision of the National Transmission Corp. (Transco) not to sell its sub-transmission assets (STAs) within the Cepalco franchise area.
"We think there is a controversy here. Transco said those under our franchise areas are not considered STAs," Cepalco chairman and CEO Ramon Abaya said.
STAs are transmission lines typically rated at 69 kilovolts and below. A total of 7,547 circuit kilometers of lines nationwide will be up for sale. Its estimated value is P5 billion.
[DatePublished] => 2004-10-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ORO POWER
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 265574 [Title] => Cepalco questions Transco decision on its assets [Summary] => The Cagayan de Oro Power & Light Co. (Cepalco) is questioning the decision of the National Transmission Corp. (Transco) not to sell its sub-transmission assets (STAs) within the Cepalco franchise area.
"We think there is a controversy here. Transco said those under our franchise areas are not considered STAs," Cepalco chairman and CEO Ramon Abaya said.
STAs are transmission lines typically rated at 69 kilovolts and below. A total of 7,547 circuit kilometers of lines nationwide will be up for sale. Its estimated value is P5 billion.
[DatePublished] => 2004-10-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Donnabelle L. Gatdula | October 3, 2004 - 12:00am
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