^
+ Follow BARRIO MINTAL Tag
BARRIO MINTAL
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 299930
                    [Title] => Government expects to complete sale of Napocor gensets by 2006
                    [Summary] => The National Government (NG) is optimistic that the privatization process of the National Power Corp.’s (Napocor) generation assets will be completed by 2006 as multilateral creditors gave their consent on the transfer of Napocor gensets to the Power Sector Assets and Liabilities Management Corp. (PSALM).


"We have already secured an approval from the World Bank and the Asian Development Bank (ADB). We are waiting for the consent of Japan Bank for International Cooperation (JBIC)," Finance Secretary Margarito Teves said yesterday.
[DatePublished] => 2005-10-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 296332 [Title] => PSALM speeds up sale of Napocor’s generating assets [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) is accelerating its efforts to dispose of at least half of the generating assets of the National Power Corp. (Napocor) by year-end and complete its privatization program in the third quarter of 2006.

PSALM is targeting to sell to the private sector this year, more than 1,300 megawatts (MW) of generating capacity of five major power facilities, including several decommissioned plants. This would comprise 50 percent of generating assets.
[DatePublished] => 2005-09-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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