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                    [ArticleID] => 233891
                    [Title] => ERC to reach decision on Meralco, Napocor P20-B claims by March
                    [Summary] => The Energy Regulatory Commission (ERC) is expected to come up with a decision on the joint application of the Manila Electric Co. (Meralco) and the National Power Corp. (Napocor) to settle the latter’s P20 billion claims by March 2004. 


"We are still evaluating the claims of both parties. We will still have to determine if their claims are reasonable," an ERC official, who requested anonymity, told The STAR. 


                    [DatePublished] => 2004-01-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 227217
                    [Title] => Napocor deal to result in 25¢ discount for Meralco customers
                    [Summary] => The National Power Corp.(Napocor) is optimistic that its P20-billion settlement with the Manila Electric Co. (Meralco) will translate into a 25-centavo per kilowatthour (kwh) drop in power rates. 


Napocor general counsel Rainier Butalid told The STAR that the 25-centavo savings to the Meralco customers was based on the agreement entered into by the two power firms last March 2003. 


"The primordial reason why we are having such agreement is to decrease the electricity rates. This whole exercise is designed to benefit the consumers," Butalid said. 


                    [DatePublished] => 2003-11-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [2] => Array
                (
                    [ArticleID] => 219094
                    [Title] => Gov’t to bid out contract for transfer of Pinamucan plant
                    [Summary] => The Investment Coordinating Council (ICC) of the National Economic and Development Authority (NEDA) has approved the transfer of the 110-megawatt Pinamucan diesel-fired power plant from Batangas to Dingle, Iloilo. 


"The ICC approval last Thursday means that all is set for the National Power Corp. (Napocor) to bid out the transfer of the facility," Napocor legal counsel Rainier Butalid said. 


                    [DatePublished] => 2003-08-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 212210
                    [Title] => Napocor to implement unbundled rate this month
                    [Summary] => The National Power Corp. (Napocor) will start implementing its unbundled rate this month as ordered by the Energy Regulatory Commission (ERC). 


"Though we may disagree on some points, we shall fully abide with the ERC on the matter.  With all due respect while there may be a disagreement on the view of the ERC and Napocor, as they are the regulatory body we are obliged to follow the decision," Napocor general counsel Rainier Butalid said in an interview. 


                    [DatePublished] => 2003-07-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 170623
                    [Title] => Napocor can still borrow — DOJ
                    [Summary] => The Department of Justice (DOJ) said yesterday that the National Power Corp. (Napocor) still has legal rights to borrow funds  to finance its operating expenses this year.


According to the DOJ, since Napocor’s assets have not been transferred yet to the Power Sector Assets and Liabilities Management  Corp. (PSALM), the power firm can still tap both the domestic and international markets for its funding requirements.


                    [DatePublished] => 2002-08-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 166273
                    [Title] => Napocor sees added losses of P9.6B yearly
                    [Summary] => The National Power Corp. (Napocor) will incur additional losses amounting to P9.6 billion yearly as a result of the Energy Regulatory Commission (ERC)’s decision to reduce the rates charged by the state-owned power corporation.


Instead of granting Napocor’s petition for an unbundled rate hike of P0.1719 per kilowatt-hour, the ERC ordered the state power firm yesterday to reduce its rate by seven centavos.


                    [DatePublished] => 2002-06-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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)

RAINIER BUTALID

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                    [ArticleID] => 233891
                    [Title] => ERC to reach decision on Meralco, Napocor P20-B claims by March
                    [Summary] => The Energy Regulatory Commission (ERC) is expected to come up with a decision on the joint application of the Manila Electric Co. (Meralco) and the National Power Corp. (Napocor) to settle the latter’s P20 billion claims by March 2004. 


"We are still evaluating the claims of both parties. We will still have to determine if their claims are reasonable," an ERC official, who requested anonymity, told The STAR. 


                    [DatePublished] => 2004-01-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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            [1] => Array
                (
                    [ArticleID] => 227217
                    [Title] => Napocor deal to result in 25¢ discount for Meralco customers
                    [Summary] => The National Power Corp.(Napocor) is optimistic that its P20-billion settlement with the Manila Electric Co. (Meralco) will translate into a 25-centavo per kilowatthour (kwh) drop in power rates. 


Napocor general counsel Rainier Butalid told The STAR that the 25-centavo savings to the Meralco customers was based on the agreement entered into by the two power firms last March 2003. 


"The primordial reason why we are having such agreement is to decrease the electricity rates. This whole exercise is designed to benefit the consumers," Butalid said. 


                    [DatePublished] => 2003-11-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 219094
                    [Title] => Gov’t to bid out contract for transfer of Pinamucan plant
                    [Summary] => The Investment Coordinating Council (ICC) of the National Economic and Development Authority (NEDA) has approved the transfer of the 110-megawatt Pinamucan diesel-fired power plant from Batangas to Dingle, Iloilo. 


"The ICC approval last Thursday means that all is set for the National Power Corp. (Napocor) to bid out the transfer of the facility," Napocor legal counsel Rainier Butalid said. 


                    [DatePublished] => 2003-08-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 212210
                    [Title] => Napocor to implement unbundled rate this month
                    [Summary] => The National Power Corp. (Napocor) will start implementing its unbundled rate this month as ordered by the Energy Regulatory Commission (ERC). 


"Though we may disagree on some points, we shall fully abide with the ERC on the matter.  With all due respect while there may be a disagreement on the view of the ERC and Napocor, as they are the regulatory body we are obliged to follow the decision," Napocor general counsel Rainier Butalid said in an interview. 


                    [DatePublished] => 2003-07-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 170623
                    [Title] => Napocor can still borrow — DOJ
                    [Summary] => The Department of Justice (DOJ) said yesterday that the National Power Corp. (Napocor) still has legal rights to borrow funds  to finance its operating expenses this year.


According to the DOJ, since Napocor’s assets have not been transferred yet to the Power Sector Assets and Liabilities Management  Corp. (PSALM), the power firm can still tap both the domestic and international markets for its funding requirements.


                    [DatePublished] => 2002-08-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 166273
                    [Title] => Napocor sees added losses of P9.6B yearly
                    [Summary] => The National Power Corp. (Napocor) will incur additional losses amounting to P9.6 billion yearly as a result of the Energy Regulatory Commission (ERC)’s decision to reduce the rates charged by the state-owned power corporation.


Instead of granting Napocor’s petition for an unbundled rate hike of P0.1719 per kilowatt-hour, the ERC ordered the state power firm yesterday to reduce its rate by seven centavos.


                    [DatePublished] => 2002-06-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
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abtest

ERC to reach decision on Meralco, Napocor P20-B claims by March

By Donnabelle L. Gatdula | January 4, 2004 - 12:00am

The Energy Regulatory Commission (ERC) is expected to come up with a decision on the joint application of the Manila Electric Co. (Meralco) and the National Power Corp. (Napocor) to settle the latter’s P20 billion...

Business

Napocor deal to result in 25¢ discount for Meralco customers

By Donnabelle L. Gatdula | November 9, 2003 - 12:00am

The National Power Corp.(Napocor) is optimistic that its P20-billion settlement with the Manila Electric Co. (Meralco) will translate into a 25-centavo per kilowatthour (kwh) drop in power rates. Napocor general...

Business

Gov’t to bid out contract for transfer of Pinamucan plant

By Donnabelle L. Gatdula | August 30, 2003 - 12:00am

The Investment Coordinating Council (ICC) of the National Economic and Development Authority (NEDA) has approved the transfer of the 110-megawatt Pinamucan diesel-fired power plant from Batangas to Dingle, Iloilo....

Business

Napocor to implement unbundled rate this month

By Donnabelle L. Gatdula | July 2, 2003 - 12:00am

The National Power Corp. (Napocor) will start implementing its unbundled rate this month as ordered by the Energy Regulatory Commission (ERC). "Though we may disagree on some points, we shall fully abide with...

Business

Napocor can still borrow — DOJ

By Donnabelle L. Gatdula | August 3, 2002 - 12:00am

The Department of Justice (DOJ) said yesterday that the National Power Corp. (Napocor) still has legal rights to borrow funds to finance its operating expenses this year. According to the DOJ, since Napocor’s...

Business

Napocor sees added losses of P9.6B yearly

June 28, 2002 - 12:00am

The National Power Corp. (Napocor) will incur additional losses amounting to P9.6 billion yearly as a result of the Energy Regulatory Commission (ERC)’s decision to reduce the rates charged by the state-owned...

Business