Can you identify these buildings? (Photo credit: nina_theevilone)DMCI Power Corp., the power generation unit of the Consunji Group, is eyeing to participate in the privatization of the National Power Corp.’s Small Power Utilities Group (SPUG) this year, a company official said.
DMCI Power chairman Isidro Consunji said the company intends to help in energizing the SPUG areas.
“Our focus this year is on [Napocor] SPUG areas. We will bid as much as possible,” he said.
Napocor is targeting to intensify its privatization efforts starting the first quarter of this year, with the two areas being eyed for privatization to include parts of Mindoro and Palawan.
Napocor-SPUG is mandated by the Electric Power Industry Reform Act to provide electricity to remote islands and far-flung, inland barangays that are not connected to any of the main grids, after around 90 percent of its generating assets have been privatized.
The competitive selection process for Napocor-SPUG’s off-grid areas is part of the major reforms in the power sector.
It provides an opportunity for private investors to build, own and operate generation facilities to supply missionary or far-flung areas.
Earlier, Napocor president Froilan Tampinco said they would offer to power generation investors the remaining 12 SPUG areas.
There were 14 SPUG areas previously offered for private sector participation: Occidental Mindoro, Oriental Mindoro, Marinduque, mainland Palawan, Catanduanes, Bantayan, Masbate, Tablas, Romblon, Camotes, Siquijor, Tawi-Tawi, Basilan and Sulu.
Tampinco said they would also privatize the SPUG areas in Catanduanes, Romblon, Tablas and Siquijor after the Palawan and Mindoro bidding.
But the Napocor executive admitted that they would have to put the least priority to “more difficult areas” such as Sulu, Tawi-Tawi and Basilan.
http://www.philstar.com/Article.aspx?articleId=764301&publicationSubCategoryId=66
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