MANILA (AFX-ASIA) – The government has finished renegotiating all the power supply contracts of the National Power Corp (Napocor) with its independent power producers (IPPs), which resulted in nominal and present value savings of US$2.9 billion and US$1.03 billion respectively, Energy Secretary Vincent Perez said. Mr Perez made the announcement at last week’s joint news…
PHILIPPINES: Napocor renegotiates IPP contracts, saves US$2.9 billion – Perez
Posted on January 20, 2004 by EnergyAsia