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Govs for Senate

LUIS “CHAVIT” C. SINGSON
Governor, Province of Ilocos Sur
Sagot ko, probinsya mo!
VICENTE “VIC” P. MAGSAYSAY
Governor, Province of Zambales
Magsaysay still my guy!

 

 

 

 

 

 

 

 
 
 
 
LPP National Office
Unit 1510 West Tower
Philippine Stock Exchange Center, Exchange Road
Ortigas Center, Pasig City
Tel. Nos. (632) 687-5399, 631-0170, 631-0197
Fax Line: (632) 687-4048

GMA cites Negros edge, urges investors to come

President Gloria Macapagal-Arroyo leads the switch-on ceremonies of the Northern Negros Geothermal Power Plant (NNGPP) on February 2, 2007 at Barangay Mailum, Bago City, Negros Occidental. The power plant, which has a capacity of 49 megawatts, is the country’s first merchant power plant to be operated under the deregulated power system. It is expected to supply the power needs of Panay island to augment the present supply coming from the Palinpinon Geothermal Plant in Valencia, Oriental Negros. Also in photo are (from left) Negros Occidental Governor Joseph Maranon, Rep. Carlos Cojuangco, Philippine National Oil Company-Energy Development Corporation (PNOC-EDC) president and chief executive officer Paul Aquino, and Japanese Ambassador Ryuichiro Yamazaki. (Edwin Paril — OPS-NIB Photo)

MAILUM, Bago City - President Gloria Macapagal Arroyo yesterday called on investors to come to Negros Occidental that has all the infrastructure in place to become competitive, citing its having an abundance of geothermal energy, the potential to produce ethanol and a new airport in Silay City.

“I hope the people of Bacolod and Negros Occidental will feel the blessings of development,” said Arroyo, who was here for the commissioning of the P8 billion Philippine National Oil Company-Energy Development Corporation’s Northern Negros Geothermal Power Plant. It is the country’s first merchant power plant to be operated under a deregulated power system.

Power has become a major cost for investors so we are telling them to invest in areas like Bago City and Murcia that play host to NNGPP where power rates are more competitive, she said.

Arroyo also stressed the importance of being energy self-sufficient and independent from imported oil in sustaining the country’s economic growth and achieving a First World status in the next two decades.

“Part of a bright new future for our nation is to take control over our reliance on energy, to become free from dependence on foreign oil and become self-sufficient through the use of sustainable, alternative forms of energy,” the President said, citing the 49-Megawatt geothermal plant here.

She said the government has been harnessing the sun, wind and geothermal resources to produce sufficient energy in a move to wean the country away from imported oil dependence and help increase its dollar savings.

The NNGP project stands to help the government save some $15 million annually from oil imports once it is fully operational, she said.

She also cited the importance of the newly-approved Biofuels Law in the country’s quest for energy independence, particularly the development of ethanol from sugarcane.

The President said the host communities would also benefit from the geothermal plant through the royalties paid and the Balik Biyaya Program where the residents would be supported and put into the mainstream of development.

These benefits come in the form of education, healthcare, environment and livelihood projects.

The president also said she wants to press ahead with a massive Green Philippines environment plan that is comprehensive in scope.

She said this plan includes reforestation, preservation of coral reefs, scrubs the land and air of pollutants that endanger the health of citizens and ensure energy independence. (Carla P. Garcia, Visayan Daily Star)

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Govs for Senate (Luis "Chavit" Singson & Vicente "Vic" Magsaysay
League pushes for expansion of PFIs as LGU depository banks
DILG reinstates Gov. Maliksi
GMA cites Negros edge, urges investors to come
Bangui wind farm cuts Ilocos power cost by 7 percent
Gov. Migs tells success stories in SOPA
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Last Updated: February 23, 2007