CAL ENERGY

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                    [ArticleID] => 202908
                    [Title] => PSALM set to complete renegotiations with Napocor IPPs
                    [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM)  said yesterday  that renegotiations with independent power producers (IPPs) of the National Power Corp. (Napocor) are about to be completed. 


PSALM president Edgardo del Fonso said of the 35 contracts that are being renegotiated, only 12 are left to be finalized. He said  eight of these contracts are still being discussed with various government agencies. 


                    [DatePublished] => 2003-04-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 173364
                    [Title] => PNOC-EDC hikes income target
                    [Summary] => Despite its financial difficulties, the PNOC-Energy Development Corp. (EDC) is raising its income projection for this year – from P800 million to P1 billion.


"Though we are having some cash flow problems, we are still optimistic that this year will be good for the company," EDC chairman and president Sergio Apostol said, adding that as early as the first half, EDC had already met its original income target of P800 million.


                    [DatePublished] => 2002-08-25 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] => 173145
                    [Title] => Marubeni eyes joint venture with PNOC-EDC
                    [Summary] => Marubeni Corp. of Japan is proposing to convert its existing build-operate-transfer (BOT) contract with PNOC-Energy Development Corp. (EDC) into a joint venture agreement.


"Officials from Marubeni will be here this week to work out a concrete proposal. They are proposing if we could convert the existing BOT contract into a 50-50 joint venture," EDC chairman and president Sergio Apostol said in an interview.


EDC has a 10-year BOT contract with Marubeni signed in 1996 for the 104 MW (2x52MW) geothermal power plant located in Mt. Apo in Kidapawan, North Cotabato.

                    [DatePublished] => 2002-08-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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PSALM set to complete renegotiations with Napocor IPPs

April 16, 2003 - 12:00am

The Power Sector Assets and Liabilities Management Corp. (PSALM) said yesterday that renegotiations with independent power producers (IPPs) of the National Power Corp. (Napocor) are about to be completed. PSALM...

Business

PNOC-EDC hikes income target

By Donnabelle L. Gatdula | August 25, 2002 - 12:00am

Despite its financial difficulties, the PNOC-Energy Development Corp. (EDC) is raising its income projection for this year – from P800 million to P1 billion. "Though we are having some cash flow problems,...

Business

Marubeni eyes joint venture with PNOC-EDC

By Donnabelle L. Gatdula | August 23, 2002 - 12:00am

Marubeni Corp. of Japan is proposing to convert its existing build-operate-transfer (BOT) contract with PNOC-Energy Development Corp. (EDC) into a joint venture agreement. "Officials from Marubeni will be here...

Business