+ Follow ROGELIO MURGA Tag
ROGELIO MURGA
Array
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[results] => Array
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[ArticleID] => 267296
[Title] => Napocor plans to maximize generation sales in Mindanao
[Summary] => The National Power Corp. (Napocor) plans to maximize its generation and sales capacity in the Mindanao grid by about 100 to 125 megawatts (MW).
During the company’s year-end operations review, Napocor president Rogelio Murga noted that while the generation and sales maximization in the Mindanao grid is satisfactory, there is still a need to be more aggressive in attaining the new target of boosting the region’s capacity.
[DatePublished] => 2004-12-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 262345
[Title] => Napocor’s long-term debts soar 23% to P461B as of Dec 2003
[Summary] => The National Power Corp.’s (Napocor) long-term debts ballooned to P461 billion as of end-December 2003 from P376 billion in the same period last year.
Based on the company’s unaudited financial statement, the long-term liabilities of the power firm rose by 23 percent or P85 billion.
The same data showed that the lease obligation of Napocor on its build-operate-transfer (BOT) contracts went up by 20 percent or P180 billion to P716 billion from P595 billion in end-2002.
[DatePublished] => 2004-08-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 257500
[Title] => Napocor streamlines budget
[Summary] => National Power Corp. (Napocor) will implement a 15-percent reduction in its contracted services as part of budget streamlining measures, a ranking company official said.
"We haven’t quantified yet the financial impact of such a move to reduce our outside services. But we have identified this as one of the possible ways to cut down on our expenses," the official, who requested anonymity, said.
[DatePublished] => 2004-07-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 257111
[Title] => ERC to conduct hearings on Napocor rate hike petition
[Summary] => The Energy Regulatory Commission (ERC) will conduct a series of public hearings from July 26 to 29 on the rate hike petition of the cash-strapped National Power Corp. (Napocor).
The state-owned power utility has sought the ERC’s approval to raise rates by 82 percent, which it said was needed to recover additional costs incurred due to higher fuel prices.
[DatePublished] => 2004-07-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 255814
[Title] => Meralco urged to cushion impact of power rate hike
[Summary] => Energy Secretary Vincent S. Perez urges the Manila Electric Co. (Meralco) to come up with measures to cushion the impact of an increase in power rates.
"Meralco should also help. They should follow the changes we in the government are going to initiate. The National Power Corp. (Napocor) is already tightening its belt. It has already lessened the number of its workforce. We are calling on Meralco to help us," Perez said in a radio interview.
Perez said the higher power rates form part of the overall restructuring scheme being undertaken in the power sector.
[DatePublished] => 2004-06-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 243342
[Title] => 6 sites eyed for new power plants
[Summary] => The National Power Corp. (Napocor) has identified six primary areas nationwide as potential sites for establishing new power facilities, a top energy official said.
"We have come up with our own in-house engineering studies. We have already pin-pointed some of the areas where power plants can be set up," Napocor president Rogelio Murga told The STAR.
Murga said based on their internal studies, Isabela and Ilocos Norte would be best suited for either coal or liquefied natural gas (LNG) facilities.
[DatePublished] => 2004-03-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 237951
[Title] => Napocor asks ERC to reconsider decision on new power rate scheme
[Summary] => The National Power Corp. (Napocor) will ask the Energy Regulatory Commission (ERC) to reconsider its decision not to grant a power rate increase through the so-called generation rate adjustment mechanism (GRAM).
Napocor president Rogelio Murga said the company is expected to file a motion for reconsideration to the ERC within the month.
Murga said the power firm needs the increase badly to fund its maturing obligations and operational expenses amid fears of looming power crisis in the country in the next few years.
[DatePublished] => 2004-02-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 235762
[Title] => Consunji group bags Pinamucan power plant deal
[Summary] => The National Power Corp. (Napocor) has awarded the contract for the transfer of the 110-megawatt (MW) Pinamucan diesel power plant to the Dingle II consortium.
Napocor president Rogelio Murga said the Napocor board granted the provisional award to the consortium composed of DM Consunji, Inc., Bendimil Construction & Development Corp., Alsons Power Holdings Corp., and Home Construction Inc.
Based on Napocor’s record, the Dingle II consortium tendered the lowest bid price of P629.5 million during the third public bidding.
[DatePublished] => 2004-01-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 233386
[Title] => Napocor raises budget for transfer of Pinamucan plant
[Summary] => The National Power Corp. (Napocor) has increased the budget for the transfer of the 100-megawatt (MW) Pinamucan power plant from Batangas to Ilo-ilo to over P600 million from the previously-approved P535 million.
Napocor president Rogelio Murga told reporters yesterday that the increase will cover the additional costs which are not incorporated in the earlier-approved budget.
"There is an existing tank in Pinamucan that we can not transfer so we have to build a new tank in the new site. There are also additional transportation costs," he said.
[DatePublished] => 2003-12-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 230553
[Title] => Napocor to seek add’l coal supply from other countries
[Summary] => The National Power Corp. (Napocor) will tap other countries for its additional coal requirements, a top company official said yesterday.
Napocor president Rogelio Murga said there is a need to diversify its sources of coal due to the tight coal supply in China, where most of the power firm’s coal needs are being sourced.
Murga said the state-run power firm will explore other sources, among them Indonesia, Australia, South Africa and Russia.
[DatePublished] => 2003-12-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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