A BOND sale supposed to finance state-owned National Power Corp.’s (Napocor) missionary electrification projects has been halted by the Department of Energy (DoE). Energy Secretary Jose Rene D. Almendras told reporters in an interview at the sidelines of the government’s midyear economic briefing the department would be studying the business model of Napocor for its [...]
Posts Tagged ‘SPUG’
Napocor’s P15-B bond sale shelved (8/19/2010)
Posted in Business World News, tagged Missionary electrification, NPC, SPUG, Universal charge on August 19, 2010 | Leave a Comment »
NPC seeks Romblon gen-set suppliers (6/18/2010)
Posted in Manila Bulletin News, tagged Generation, Power supply, SPUG on June 18, 2010 | Leave a Comment »
State-run National Power Corporation (NPC) has invited three suppliers for its proposed negotiated procurement on the lease of 1.8-megawatt gen-set diesel power facility for Tablas Island in Romblon. The power firm sent letters of invitation to Aggreko International Projects Ltd., Cummins Sales and Service Philippines and Monark Equipment Inc. The approved budget cost for the [...]
Firm embarks on RE projects (6/09/2010)
Posted in Inquirer News, tagged Biomass, Generation, Renewable energy, SPUG on June 9, 2010 | Leave a Comment »
US-REGISTERED FIRM CLENERGEN CORP. is putting up in the country facilities that will produce renewable fuels from biomass materials like wood chips, which it also plans to use to provide electricity in rural and off-grid areas in the country. The company is likewise planning to establish tree plantations that will become the major source of [...]
Napocor eyes World Bank funds for SPUG projects (02/08/2010)
Posted in Philippine Star News, tagged NPC, SPUG on February 8, 2010 | Leave a Comment »
State-owned National Power Corp. (Napocor) is looking at the possibility of tapping the World Bank to finance some of its small power utilities group (SPUG) projects, a top company official said. Napocor president Froilan Tampinco told reporters that they have been exploring talks with World Bank and its private sector investment arm, International Finance Corp. [...]
Napocor plans P7-B fund-raising for electrification program (10/27/09)
Posted in Business World News, tagged NPC, Rural electrification, SPUG on October 27, 2009 | Leave a Comment »
STATE-RUN National Power Corp. (Napocor) said it intends to raise about P7 billion within the year for the company’s capital requirements. Napocor President Froilan A. Tampinco told reporters yesterday it might raise the amount either through loans or bonds, where the bulk of the proceeds will be used to finance Napocor’s missionary electrification requirements under [...]
Napocor taps Conal Holdings, Kepco for other projects (10/21/09)
Posted in Philippine Star News, tagged Conal Holdings, Kepco, NPC, SPUG on October 21, 2009 | Leave a Comment »
State-run National Power Corp. (Napocor) has commissioned Alcantara-owned Conal Holdings Corp. and Korea Electric Power Corp. (Kepco) to develop renewable energy (RE) projects with the Small Power Utilities Group (SPUG) in off-grid areas. SPUG is Napocor’s missionary electrification arm, mandated to provide electricity to remote islands and far-flung, inland barangays that are not connected to [...]
