Internet home of Philippine news
Back to homepage
| Bacolod | Baguio | Cagayan de Oro | Cebu | Davao | Dumaguete | General Santos | Iloilo | Manila | Pampanga | Pangasinan | Zamboanga |
 
 
 
 

Google
Web
www.sunstar.com.ph

  Business
Ceneco inks contract with Kepco for power supply

TigerDirect




Friday, September 21, 2007
Ceneco inks contract with Kepco for power supply
By Gil Alfredo B. Severino

DESPITE opposition and condemnation from some quarters, the Central Negros Electric Cooperative Inc. (Ceneco) entered into a 10-year power sales contract with Kepco-Salco Power Corp. (KSPC) last July 16, 2007.

Among those opposing the Ceneco-Kepco-Salcon deal were Bayan Negros, Freedom from Debt Coalition, and some provincial and city Officials.

Join forum on Sandiganbayan's guilty verdict on Estrada plunder case. Post comments here.

The contract was signed to protect the electric cooperative from the looming power shortage, said a statement on the signing.

The National Power Corporation had issued a certification to Ceneco dated August 7, 2007 stating it cannot commit to supplying Ceneco’s full energy requirement by 2010.

Ceneco president Roberto Montelibano, in a recent interview, said even before the KSPC contract was signed, the electric cooperative was already preparing to avert a possible power shortage in the nearest future.

“Yet, nothing has been materialized as these attempts were marred by protests and oppositions,” he added.

According to Montelibano, “Ceneco has been scouting for the past 12 years for power generators that can provide the power capacity and demand of Ceneco.”

He stressed “That the issues raised by the oppositors of this project such as the rates and the various provisions in the contract among others can be addressed in the proper forum. Thus, a multi-sectoral hearing was conducted by the Energy Regulatory Commission (ERC) last September 13 to 14, 2007 presided by ERC Chairman Rodolfo Albano.”

Montelibano said that among other things, he will personally explain that if Ceneco will not move and purchase power supply, then the areas it covers will be hit by power shortages.

“I will be facing media personally because there is nothing to hide. Visayas will experience power shortage. If oppositors will disagree with the existence of a crisis, let them,” Montelibano, who is set to call a press conference Friday, added.

For more Philippine news, visit Sun.Star Cagayan de Oro.

(September 21, 2007 issue)
Write letter to the editor. Click here.
Join the Sun.Star message board. Click here.




ENETWORK HEADLINE
Senator calls for scrapping of broadband deal
ENETWORK NEWS
Poll chief eyes raps vs House Speaker's son
Show entire footage of mauling, cop's lawyer asks
Did martial law have a bright side?


[return to top] [home] [network page]


Sun.Star Network Online

LOCAL NEWS
BUSINESS
OPINION
SPORTS
LIFESTYLE
FEATURE

RSS FeedRSS Feed


Classified Power Ads

Past Issues

Western Union

I © Copyright 2007 Sun.Star Publishing, Inc. I Contact the website at sunnexatsunstardotcomdotph I