Transcription of PHILIPPINE POWER INDUSTRY RESTRUCTURING …
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PHILIPPINE POWER INDUSTRY RESTRUCTURING AND PRIVATIZATION1 GENERAL INFORMATIONS ectors of POWER INDUSTRY being privatizedgeneration, transmission, distributionName of the project(s) RESTRUCTURING and privatization of the POWER INDUSTRY in the Philippines is being undertaken under the POWER Sector RESTRUCTURING Program of the Asian Development Bank (ADB). The PSRP is embodied in the Electric POWER INDUSTRY Reform Act (EPIRA) that was enacted in of privatizationThere are five types of privatization of the POWER Build-Operate-Transfer (BOT) contracts the private sector, through the independent POWER producers (IPPs), performs the generation function traditionally done solely by the government. The IPPs generate electricity for the government under a POWER purchase agreement with the government-owned National POWER Corporation (NPC). (full privatization) through asset sale - Under EPIRA, NPC shall be privatized by selling its generation assets to the private sector.
PHILIPPINE POWER INDUSTRY RESTRUCTURING AND PRIVATIZATION1 GENERAL INFORMATION Sectors of Power Industry being privatized …
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