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Bacolod City, Negros Occidental, Philippines Thursday, December 8, 2011
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CENECO

CPG photo

President Arnel Lapore (left) and general manager Sulpicio Lagarde Jr. of CENECO at the press conference yesterday*


Top Stories

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CENECO owes P204M,
consumers to bear brunt

FIRM SEEKING PEDC DISCOUNT
BY CARLA GOMEZ

Panay Electric Development Corp. said Central Negros Electric Cooperative owes it P204 million for coal-fired power it purchased early this year, but CENECO says it should be P156 million or P48 million less.

The final amount agreed on as payment will eventually be passed on to CENECO consumers.

CENECO president Arnel Lapore said yesterday they are negotiating with PEDC to bring down its P204 million bill, which final amount will eventually be ruled on by the Energy Regulatory Commission.moremoremore

City set to pay P15M
account by February

BY CHRYSEE SAMILLANO

The Bacolod City government has agreed to settle its remaining accounts with the Central Negros Electric Cooperative by February, CENECO president Arnel Lapore said yesterday.

Lapore said that during a dialog with a team from City Hall led by Vice Mayor Jude Thaddeus Sayson last month, they explained that they cannot continue to sustain unpaid accounts.

During the dialog, they agreed that the city will settle its accounts amounting to P15 million not later than February, he said.moremoremore

‘Negros must find power
to meet 100MW shortage’

BY CARLA GOMEZ

Global Business Power Corp. is not building a coal fired power plant in Negros Occidental because the  conditions for it are  currently not available, but the province must find alternative sources of power before its faces an about 100-megawatt shortage by 2015, GBPC president Art Aguilar said.

Aquilar, who spoke before members of the Metro Bacolod Chamber of Commerce and Industry in Bacolod City Tuesday night, said “For now we (GBPC) have no plans of building a coal-fired power plant in Negros. The prerequisite conditions are quite formidable.”

To build a coal-fired power facility, GBPC needs a port with a 12 to 15-meter depth to bring in large vessels to deliver cheaper coal, a 15-hectare adjacent industrial area for the plant that is close to the grid, a fresh water source and a market for its power, Aguilar said.moremoremore

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