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                    [ArticleID] => 100711
                    [Title] => Puno warns of added debts, higher power costs
                    [Summary] => 

The government may incur additional debts and a possible hike in power rates if
the National Power Corp. (Napocor) is not privatized soon, Napocor president
and chief executive officer Federico Puno said recently.

He said the National Government will have to constantly recapitalize the
government power firm as long as it remains in the public sector realm.

"There will be three basic scenarios if Napocor is not privatized. First, we
have (Napocor) to be recapitalized.
                    [DatePublished] => 2000-02-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

RESTRUCTURING BILL

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                    [ArticleID] => 100711
                    [Title] => Puno warns of added debts, higher power costs
                    [Summary] => 

The government may incur additional debts and a possible hike in power rates if
the National Power Corp. (Napocor) is not privatized soon, Napocor president
and chief executive officer Federico Puno said recently.

He said the National Government will have to constantly recapitalize the
government power firm as long as it remains in the public sector realm.

"There will be three basic scenarios if Napocor is not privatized. First, we
have (Napocor) to be recapitalized.
                    [DatePublished] => 2000-02-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Puno warns of added debts, higher power costs

By Ted P. Torres | February 9, 2000 - 12:00am

The government may incur additional debts and a possible hike in power rates if the National Power Corp. (Napocor) is not privatized soon, Napocor president and chief executive officer Federico Puno said recently. He...

Business