In a consultation meeting with the Department of Energy and Napocor that transpired in 2004, the Marinduque Electric Cooperative, Inc. (Marelco), opted to have its own New Power Provider (NPP), in the promulgation of DOE’s Circular No. 2004-01-001.
The suppose Balogo Power Plant
Bankcrupt IPP - As admitted by 3i Powergen before the SP body, supported by Marelco, and accepted by SP, said New Power Provider (NPP) is no longer in a capacity to pursue the project due to bankruptcy. How long will the contract rescission process take?
..more @:
http://marinduquegov.blogspot.com/2010/01/power-crisis-where-do-we-go-from-here.html
