The mothballed Bataan nuclear power plant is strong enough to withstand both an Intensity 8 earthquake or the impact from a Boeing 747, even as it needs repairs, the National Power Corp. said Friday. The 40-year-old structure is not located on a fault line and sits above sea level, at the foot of a dormant…
Tag: National Power Corporation
Bataan nuclear plant repair, operation to cost less than $1B
THE REPAIR and possible commercial run of the Bataan nuclear plant could cost lower than the initial estimate of $1 billion and could attract funds other than those coming from the government, proponents of nuclear energy for the country said on Friday. “Sa pera (For the money)…there will be a lot of funders. A lot…
PSALM seeks to recover P27.7 B
The Power Sector Assets and Liabilities Management Corp. (PSALM) is seeking regulatory approval for power rate adjustments to cover the stranded debt of the National Power Corp. (Napocor) as well as the fuel and foreign exchange costs incurred last year. In its first filing, PSALM wants to recover P27.67 billion worth of stranded debt of…
Power entities vow to help DOE provide electricity to marginalized communities
INDUSTRY stakeholders are willing to assist Energy Secretary Alfonso G. Cusi reach his goal of providing electricity to marginalized people at a reasonable price. The National Electrification Administration (NEA) said it has recently achieved its target of providing power to more than 32,000 sitios. Also, NEA Public Affairs Office Head Judith T. Alferez said under the previous administration, the…
Palawan transmission line activated after lengthy right-of-way dispute
THE National Power Corp. (Napocor) has activated a 69-kilovolt (kV) transmission line in Palawan that has been stalled for years on right-of-way issues, with the opening of the line expected to provide reliable electricity to thousands of homes in the province. The facility was completed for P154 million, the state-owned agency said in a statement….
PSALM seeks ERC approval to recover NPC fuel expenses for Visayas clients
THE Power Sector Assets and Liabilities Management Corp. (PSALM) is seeking regulatory approval to recover fuel and purchased power costs by the National Power Corp. (NPC) in the Visayas. PSALM, tasked to privatize NPC’s power assets to help generate funds to pay off NPC’s debts, has applied before the Energy Regulatory Commission (ERC) for a P0.4367…
Cusi prioritizes 100% electrification in first 100 days
Improved services to the people through 100 percent electrification and speedy processing of public dealings are among the top priorities of the new Department of Energy (DOE) chief in his first 100 days. DOE Secretary Alfonso Cusi vowed to continue the progress made by the previous administration on the national electrification mandate. The DOE chief…
NPC seeks P1.65-B cost recovery in missionary areas
The National Power Corp. (Napocor) is seeking to recover around P1.65 billion in fuel costs incurred in the delivery of power in off-grid areas during the second half of 2014. In a filing with the Energy Regulatory Commission (ERC), the state-run firm is asking the power regulator to grant its application for its 14th generation…
Napocor delivers diesel genset to Palawan municipality
THE National Power Corp. (Napocor) has delivered a 160-kilowatt (kW) generating set to a town in Palawan, which it said could provide 24 hours of electricity and boost the local economy and tourism. The additional supply from a diesel power facility is an upgrade from the 12-hour electricity previously serving around 700 households and commercial…
Winnergy Holdings Corp. 