Cadiz Ceasar Ibañez Lao-as, Phiboon Phihakendr, Cadiz Mayor Patrick Escalante, Jacques Isaac Assouline and Michelle Mical Assouline (l-r) present the three contracts signed yesterday*
( CPG photo)

3 contracts inked for
P15B coal plant
‘Cadiz to make Negros
power self-sufficient'

A consortium of French, Thai and Filipino firms yesterday inked three contracts to ensure the operation of a P15.5 billion 150-megawatt coal-fired power plant in Barangay Banquerohan, Cadiz City, targeted to be operational by early 2018.

The North Negros Energy Power Corp. in Cadiz City is expected to generate 2,000 jobs in the construction phase alone that will start late this year or early 2016, Ceasar Ibañez Lao-as, president and chief executive officer of Asia Pacific Energy Ventures Inc., said.

The plant that is expected to make Negros Occidental power-independent can expand its output to 300 megawatts after one year of operation depending on demand, Lao-as said..moremoremore

PNoy signs
Sugarcane Act into law

President Benigno Aquino has signed the Sugarcane Industry Development Act of 2014 into law, Rep. Alfredo Abelardo Benitez (Neg. Occ., 3 rd District), author of the measure in the House, said last night.

“We thank the president for signing into law the bill which will have a great impact on the farmers and stakeholders of the sugar industry,” Benitez said.

Benitez said he was informed that the President signed it last Friday. moremoremore

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More signatures needed
for ‘anti-pork' initiative


The initial batch of voters' signatures from the parishes of the Dumaguete Diocese has not yet reached the level to support the People's Initiative for the scrapping of the pork barrel system.

Despite the shortfall, Dumaguete Bishop Julito Cortes expressed optimism Monday that the diocese can collect more signatures before the national deadline for submission to the Commission on Elections which is the end of June 2015.

Cortes has asked the priests in the diocese to dedicate April to efforts to achieve number of signatures of registered voters for the campaign. .moremoremore