THESE NAPOCOR

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                    [ArticleID] => 226639
                    [Title] => Napocor seen to lose P113B next year
                    [Summary] => The National Power Corp. (Napocor) expects its net loss to increase by 51 percent to P113 billion in 2004, from a projected P75-billion loss this year, company officials said yesterday.


Napocor senior department manager for finance Lorna Dy said the loss should have been higher were it not for the expected proceeds from the new rates approved by the regulators under the long-run avoidable cost (LRAC); operational budget cuts; and efficiency in collection.


Napocor president Rogelio Murga said they expect to realize some P9 billion from LRAC rates next year.


                    [DatePublished] => 2003-11-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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Napocor seen to lose P113B next year

By Donnabelle L. Gatdula | November 4, 2003 - 12:00am

The National Power Corp. (Napocor) expects its net loss to increase by 51 percent to P113 billion in 2004, from a projected P75-billion loss this year, company officials said yesterday. Napocor senior department...

Business