• Headlines
  • City/Region News
    • Covid-19 Advisory and Updates
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business and Livelihood
    • Education, Arts & Culture
    • Environment and Disaster Management
    • Science, Health, and Welfare
      • covid-19 advisory and updates
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
    • Sports (Home)
    • Sports (Special Feature)
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us
HERALD EXPRESS | News in Cordillera and Northern Luzon
ADVERTISEMENT
  • Headlines
  • City/Region News
    • Covid-19 Advisory and Updates
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business and Livelihood
    • Education, Arts & Culture
    • Environment and Disaster Management
    • Science, Health, and Welfare
      • covid-19 advisory and updates
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
    • Sports (Home)
    • Sports (Special Feature)
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us
No Result
View All Result
  • Headlines
  • City/Region News
    • Covid-19 Advisory and Updates
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business and Livelihood
    • Education, Arts & Culture
    • Environment and Disaster Management
    • Science, Health, and Welfare
      • covid-19 advisory and updates
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
    • Sports (Home)
    • Sports (Special Feature)
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us
No Result
View All Result
HERALD EXPRESS | News in Cordillera and Northern Luzon
No Result
View All Result
Home Region

NPC addresses rise in power demand in missionary areas

Dexter A. See by Dexter A. See
May 15, 2015
in Region, Region 1 and 2
Reading Time: 2 mins read
0 0
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

SAN FERNANDO CITY, La Union  – The growth of business and economic activities in the missionary areas has prompted the National Power Corporation (Napocor) to augment its P17.302 billion budget for 2015 with another P1.062 billion or an additional 6% that will come from its internally cash generated funds.

Owing to its continued good financial standing in 2014, Napocor had a P1.5 billion net income – the highest since its financial turnaround in 2012, to fund additional budget requirement for the New Power Providers (NPPs) and Qualified Third Parties (QTPs). NPPs and QTPs are private power suppliers that have taken over the generation function of Napocor in missionary areas.

Due to a projected hike in the demand for electricity in missionary areas, an increase in subsidy payments to private power suppliers has also been forecasted, thus the need for augmentation in Napocor’s budget for NPPs and QTPs.

RelatedPosts

DPWH completes flood control project in La Union’s lone city

Pangasinan Cyber Response Team reminds public anew of using free Wi-Fi

CSC-Western Pangasinan reminds public of COMEX schedules

For 2015, the NPPs and QTPs updated energy sales is projected at 604 GWh, representing an 18% increase from its original forecast for the year of 511 GWh.

“The increase in demand is mainly because of the upsurge of economic activities and the improved living standards in the islands after boosting electric supply in new growth areas in Palawan, Mindoro, Catanduanes, Masbate, and Siquijor,” said Napocor President and CEO Ma. Gladys Cruz-Sta. Rita.

Specifically, the proposed augmentation of P1.062 B shall address the full-year requirement for the subsidy expenses of NPPs and QTPs operating in missionary areas. This includes P944 million augmentation budget intended for the October to December 2015 requirements for existing NPPs and QTPs and the realignment of P118 million budget to cover the requirements of additional NPPs, which recently received approval to operate from the Energy Regulatory Commission (ERC).

The NPPs and QTPs operating in missionary areas are the Palawan Power Gen, Inc. (PPGI), Delta P, Inc.; DMCI-Masbate; Ormin Power, Inc.; Power One; Mindoro Grid; Catanduanes Power Generation, Inc. (CPGI); Power Source Philippines, Inc. (PSPI); DMCI-Palawan; Bantayan Island Power Corporation (BIPCOR); Siquijor Island Power Corporation (SIPCOR); and Calamian Island Power Corporation. Meanwhile, the new NPPs that started operation earlier in 2015 are Sunwest Water and Electric Company (SUWECO) in Catanduanes and DMCI-Calapan in Mindoro. However, instead of subsidy SUWECO joins fellow renewable energy plants, the Catingas Mini Hydro in Sibuyan Romblon and the Linao Cawayan Mini Hydro Power Plant in Mindoro in availing cash incentives.

Introduced by the Department of Energy (DOE) in 2004, the government’s Private Sector Participation (PSP) Program in the missionary areas has already attracted a total of 16 private power suppliers in the off-grid areas. The program’s main purpose is to accelerate the total electrification of the country and encourage the inflow of private capital in missionary electrification.

ADVERTISEMENT

Moreover, the Small Power Utilities Group (SPUG), implementing arm of Napocor in providing electricity in missionary areas that are not yet taken over by NPPs and QTPs also has a forecasted increase in demand from 399 GWh in 2014 to 448 GWh in 2015. This is due to the extension of service hours of some power plants and the electrification of new areas. Napocor has identified a total of 1,130 missionary areas (sitios and barangays) that are yet to be energized.

Napocor has recently extended the operating hours of some 53 SPUG plants and put into full 24 hours of operation its plants in the Municipalities of Culion, Taytay, El NIdo and San Vicente in Palawan and Caluya in Antique. By Dexter A. See

ShareTweetSend
ADVERTISEMENT
Previous Post

1,000 benefit from potato project  

Next Post

Irisan high school ready for Brigada Eskwela

Dexter A. See

Dexter A. See

Herald Express is a news organization based in Baguio City that has a weekly publication and an online news portal. The newspaper is circulated in the different provinces of Northern Luzon. The name of the fastest-growing publication in town is coined from the word ‘quick messenger’ which is self-explanatory. Our motto ‘we deliver the balanced news that matters to you’ was conceptualized to make it clear to our readers what to expect from our new writers and columnists.

Related Posts

DPWH completes flood control project in La Union’s lone city

DPWH completes flood control project in La Union’s lone city

by Press Release
September 30, 2023
0

SAN FERNANDO CITY, La Union  – The Department of Public Works and Highways (DPWH)-La Union First District Engineering Office completed...

Pangasinan Cyber Response Team reminds public anew of using free Wi-Fi

Pangasinan Cyber Response Team reminds public anew of using free Wi-Fi

by Press Release
September 30, 2023
0

DAGUPAN CITY  – The Pangasinan Provincial Cyber Response Team reminded the public anew to be careful of using free Wi-Fi...

Promotion of Pangasinan language intensified

CSC-Western Pangasinan reminds public of COMEX schedules

by Press Release
September 30, 2023
0

DAGUPAN CITY  – The Civil Service Commission (CSC) Field Office-Western Pangasinan reminded the public of the remaining schedules for the...

Next Post

Irisan high school ready for Brigada Eskwela

Military action not a solution to PHL’s peace

Man killed by live in partner

ADVERTISEMENT

Recent News

DPWH completes flood control project in La Union’s lone city

DPWH completes flood control project in La Union’s lone city

September 30, 2023
Pangasinan Cyber Response Team reminds public anew of using free Wi-Fi

Pangasinan Cyber Response Team reminds public anew of using free Wi-Fi

September 30, 2023
Promotion of Pangasinan language intensified

CSC-Western Pangasinan reminds public of COMEX schedules

September 30, 2023
DOTR-CAR official charged for extortion

38 driver, operators Benefit from DOTR-DOLE entsuperneur program

September 30, 2023
ADVERTISEMENT
HERALD EXPRESS | News in Cordillera and Northern Luzon

Herald Express is a news organization based in Baguio City that has a weekly publication and an online news portal. The newspaper is circulated in the different provinces of Northern Luzon. The name of the fastest-growing publication in town is coined from the word ‘quick messenger’ which is self-explanatory.

Follow Us

Search

No Result
View All Result
  • Headlines
  • City/Region News
  • Sectoral news
  • Opinion
  • Sports
  • Other sections
  • Ads & Notices
  • About Us

© 2022 Baguio Herald Express - Website Design by Neitiviti Studios.

No Result
View All Result
  • Headlines
  • City/Region News
    • Covid-19 Advisory and Updates
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business and Livelihood
    • Education, Arts & Culture
    • Environment and Disaster Management
    • Science, Health, and Welfare
      • covid-19 advisory and updates
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
    • Sports (Home)
    • Sports (Special Feature)
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us

© 2022 Baguio Herald Express - Website Design by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT

Add New Playlist