Generating Companies (GenCos)

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AES Philippines, Inc.

Alsons Power Holdings
AP Renewables, Inc.
Cal Energy International Services, Inc.
CBK Power Company Limited
Energy Development Corp. (EDC)
First Gas Power Corp
First Gen Renewable Inc.
Global Business Power Corporation
Cebu Energy Development Corporation
Panay Power Corporation
Toledo Power Company
GN Power
KEPCO Ilijan Corporation
Luzon Hydro Corporation
Meralco PowerGen Corporation
Millennium Energy, Inc.
Quezon Power (Philippines) Ltd. Co.
San Roque Power Corporation
Sem-Calaca Power Corporation
San Miguel Energy Corporation
SN Aboitiz Power, Inc.
SPC Power Corporation
Steag State Power, Inc.
Team Energy Corporation
Therma Luzon, Inc.
Trans-Asia Oil and Energy Development Corporation
Vivant Corporation

AES Philippines
In April 2008, AES seized the opportunity to enter the growing Philippine
market when it acquired a 600-megawatt thermal power plant in Zambales Province
in Luzon. By successfully rehabilitating the ten-year old Masinloc Power Plant, AES
not only expanded its footprint in Asia. It also demonstrated its deep local knowledge
and distinctive operational skills honed from more than two decades of leadership
in the global energy sector and pioneering advances in many markets
Upon AES takeover, the company implemented a holistic Rehabilitation Program at
the plant. As of April 2009:

Rated Capacity: 630-MW (2 x 315-MW vs. nameplate of 2 x 300-MW)

Heat Rate: 9,995.5 btu/kWh average at full load
Availability Factor: greater than 90%
Auxiliary Load: less than 8.5%
Environmental Footprint: Surpasses Philippine and World Bank Standards
Plant Profile
Location: Masinloc, Zambales
Type of Plant: Coal-fired Power Plant
Type of Ownership: Independent Power Producer (IPP)
Installed Capacity (MW): 2
Unit 1 300 MW
Unit 2 300 MW

Alsons Power Holdings

The Alsons Power Groups power generation facilities are presently focused
on the island of Mindanao where these plants play a key role in providing electricity
to fuel Mindanaos growing population and expanding economy. The Group currently
operates three diesel power facilities: the Southern Philippines Power Corporations
(SPPC) 55 Mega Watt (MW) plant in Alabel, Sarangani, the Western Mindanao
Power Corporations (WMPC) 100 MW plant in Zamboanga City, and the newly
revamped 103 MW Mapalad Power Corporation (MPC) plant in Iligan City. All three
power facilities have helped lessen the severity of the power shortage in Mindanao.
Apart from the diesel power plants, the Alsons Power Group is developing two
coal-fired facilities to help provide a stable source of baseload power for Mindanao
and ensure long-term power security for the island. These facilities are: the 105 MW
San Ramon Power, Inc. (SRPI) plant in Zamboanga City and the 210 MW Sarangani
Energy Corporation (SEC) plant in Maasim, Sarangani. The first 105 MW section of
the SEC plant began construction in 2012 and will begin operating on fourth quarter
of 2015 while the SEC plants second 105 MW section is slated to commence
operations in 2018.
The Group is engaged in power plant management and maintenance
operations under Alto Power Management Corporation (APMC) a partnership
between publicly-listed Alsons Consolidated Resources, Inc. (ACR) through Conal
Holdings Corporation (CHC) and Toyota Tsusho Corporation (TTC) of Japan. APMC
currently operates the Groups diesel plants in Iligan, Sarangani, and Zamboanga
City. APMC has also provided management or consultancy services to power plants
in Vietnam, Pakistan, and Indonesia. Alsons Energy Development Corporation
(AEDC) is the Groups business development vehicle for new power generation and
other power related projects.
All of these efforts are in keeping with the Alsons Power Groups commitment
to provide safe, reliable, and affordable power to the people of Mindanao and the
rest of the country.

AP Renewables, Inc.
AboitizPower Corporation (AboitizPower, AP) is the holding company for the
Aboitiz Groups investments in power generation, distribution, and retail electricity
services. Incorporated in 1998, AboitizPower is a publicly listed holding company
that, through its subsidiaries and affiliates, is a leader in the Philippine power
industry and has interest in a number of privately-owned generation companies and
distribution utilities. Aboitiz Equity Ventures (AEV) currently owns 76.88% of the
outstanding capital stock of AboitizPower as of March 27, 2015.
Aboitiz Power Corporation is a holding company that was set up by the Aboitiz
Group to oversee its investments in power generation, distribution, retail, and
services. The company owns and operates several hydroelectric and geothermal
power plants as well as a number of non-renewable power facilities throughout the
Philippines. It also owns distribution utilities that are centered in high-growth areas in
Luzon, Visayas, and Mindanao.

Aboitiz Power envisions the harnessing of an array of renewable energy

sources that have a lighter impact on the environment, and has established
Cleanergy as the brand for its consumer power business. To carry out that vision, the
company aims to leverage its expertise in fields such as hydroelectric, geothermal,
wind and solar power.

Aboitiz Power Renewables Inc., a subsidiary of Aboitiz Power has two

operating fields. The geothermal power generating complex in Makban has four 63
MW units at plants A and B, two 57 MW units at plant C, and four 20 MW units at
plants D and E.

Cal Energy International Services, Inc.

CalEnergy Philippines, through a build-operate-transfer arrangement with the
Philippine government, operates and maintains a power plant on the island of Luzon
in the Philippines. Commencing commercial operation in December 2001, the
Casecnan Multipurpose Irrigation and Power Project is a combined hydro and
irrigation facility that diverts excess water from the Casecnan and Taan rivers through
a 16-mile-long tunnel to a generating plant. The water is then used to irrigate nearly
137,000 hectares of rice fields in central Luzon. In addition to generating 150
megawatts from its own hydro plant, the Casecnan facility provides water to two other
nearby hydro plants. CalEnergy Philippines provides assistance to local governments
and communities through its corporate social responsibility programs and supports
educational opportunities, livelihood projects, environmental stewardship, and
infrastructure development. CalEnergy Philippines completed a six-year pilot
reforestation program in 2010, with more than 3,600 hectares reforested.
Maintenance of reforested areas is ongoing. In October 2012, after more than 11
years in commercial operation, CalEnergy Philippines achieved 1.75 million safe
man-hours worked without a lost-time accident or Occupational Safety and Health
Administration recordable incident.
CBK Power Company Limited
J-POWER can look back on a proud history spanning over 60 years as an electric
power wholesaler with a proven track record of reliable, low-cost power supply. The
nationwide network of power transmission trunk lines we have built and operate has
made a significant contribution to Japan's economic development and the
improvement of living standards in Japan. In October 2004, we were listed on the
First Section of Tokyo Stock Exchange and this completed our transformation to a
private sector company in all aspects.
Our performance records as of the end of March 2013 show that we have built and

operate 66 power plants with a total output capacity of about 17,000 megawatts and
a transmission network of about 2,400 kilometers of power lines.
As part of our international commitment, since 1960 we have carried out 333
consulting service projects with 63 countries and regions mainly from the developing
world. This has included surveying, design and construction supervision of hydro and
thermal power development as well as environment protection measures. Recently,
we have become engaged in a wide range of global operations such as
IPP( Independent Power Producer) projects.
In view of the very serious situation brought about by the recent Great East Japan
Earthquake, we are exerting every effort in our corporate mission to meet people's
needs for energy without fail, and play our part the sustainable development of Japan
and the rest of the world.
Energy Development Corp. (EDC)
Energy Development Corporation is a pioneer in the geothermal energy industry with
more than three decades of proven business viability. It has helped discover new
ways of developing and commercializing renewable energy right at the heart of the
resource wherever the location and whatever the condition.
From exploration and production of water-based steam power to generation of
electricity for commercial use, we build some of the worlds pioneering and most
complex steam fields banking on our highly skilled manpower and homegrown
technology that are fast becoming benchmarks in the industry. EDC has more than
1,400 megawatts under its green power portfolio diversified by the acquisition of a
hydropower project and wind power projects in the pipeline.
We add value at every stage of the operation from geoscientific assessment to
environmental compliance and from power plant operation to social acceptability. Our
advocacy is to help meet the growing demand for energy delivered by low carbon
power options. As a matter of fact, our geothermal projects are now qualified in the
clean development mechanism purchased in Europe for its low CO2 emissions. EDC
aims to strengthen its position as the market leader by developing new greenfield and

power generation projects.

Type

Location

Capacity

Hydro
Wind
Solar

Nueva Ecija
Burgos, Ilocos Norte
Burgos, Ilocos Norte

132.5 MW
150 MW
4.1 MW

First Gas Power Corp.

First Gas Power Corporation (FGPC) owns and operates the 1,000-MW Santa Rita
combined-cycle natural gas-fired power plant in Batangas, 100 kilometers south of
Manila, Philippines. The Santa Rita power plant uses natural gas from the
Malampaya Gas Field in offshore Northwest Palawan. The Santa Rita power plant
project was developed, financed and constructed by FGPC.
FGPC, which was originally owned 60 per cent by First Gen, has since become a
wholly owned First Gen subsidiary following First Gens acquisition in May 2012 of
the BG Groups 40 per cent interest in FGPC.
The Santa Rita plant was built by a consortium led by Siemens AG under a fixedprice, turnkey Engineering, Procurement and Construction (EPC) Contract. Operation
and Maintenance (O&M) of the plant is performed by Siemens Power Operations,
Inc. (SPOI), a wholly owned subsidiary of Siemens AG. Fuel supply is covered by a
22-year Gas Supply Purchase Agreement (GSPA) with the Malampaya consortium
consisting of Shell Philippines Exploration B.V. (SPEX), Chevron Malampaya LLC
and PNOC Exploration Corporation. The gas seller consortium extracts natural gas
from the Malampaya field pursuant to the terms of North West Palawan Service
Contract No. 38, which was concluded with the Philippine Government in December
1990.
The Santa Rita plant commenced commercial operations in August 2000 and initially
ran on liquid fuel, and in October 2001 commenced natural gas operations when gas
from the Malampaya field became available. The dual-fuel firing plant uses
condensate, distillate, and naphtha as back-up fuel supply in instances when gas is
not available. Santa Rita sells electricity to Meralco under a 25-year Power Purchase
Agreement (PPA).

First Gen Renewable Inc.

First Gen Renewables, Inc. (FGRI), is a wholly owned subsidiary of First Gen that
was primarily tasked to develop greenfield prospects in the renewable energy market;
particularly, for solar, mini and small hydro and wind. FGRI, through its subsidiary FG
Bukidnon Power Corporation (FGBPC or FG Bukidnon), owns and operates the 1.6MW Agusan mini-hydro power plant in Damilag, Manolo Fortrich, Bukidnon. FGBPC
took over the operations of the mini hydroelectric power plant after winning a PSALM
auction of the asset in 2004. FGRI first ventured into new and renewable energy
(NRE) technologies in 1995 as a distributor of photovoltaic (PV) panels.In 2002,
FGRI designed, procured, installed, tested, commissioned and commenced the
operation of a 180-kW wind plant system, hybrid with 1.2-MW diesel plant, for Batan
Island, the largest island in Batanes, located 162 kilometers north of Luzon,
Philippines. The hybrid system was designed to reduce diesel consumption and
provide a sustainable electric service to the island, which has an average load
demand of 300 kW. The project was inaugurated on Aug. 7, 2004, and was the first
commercially operated wind-diesel hybrid system in the Philippines. The NPC-Small
Power Utilities Group now operates and maintains the facility, which sells power to
the Batanes Electric Cooperative, Inc.
In July 2012, FGRI received Certificates of Registration from the DOE as a
Renewable Energy Developer of Wind Energy Resources in the municipalities of
Mercedes and Daet in Camarines Norte and in Burgos, Ilocos Norte.
In June 2014, following First Gen's acquisition of the 40 per cent stake of BG in the
Santa Rita and San Lorenzo power plants, FGRI merged with Bluespark
Management Limited (Bluespark), with FGRI being the surviving corporation.

As a

result of the merger, FGRI now effectively owns the 40 per cent voting and economic
interest in FGPC and FGP, the respective owners of the Santa Rita and San Lorenzo
natural gas-fired power plants.
FGRI is now thus a holding company with significant stakes in a mini-hydro project

and natural gas projects.

First Gen Renewables, Inc. (FGRI), is a wholly owned subsidiary of First Gen that
was primarily tasked to develop greenfield prospects in the renewable energy market;
particularly, for solar, mini and small hydro and wind. FGRI, through its subsidiary FG
Bukidnon Power Corporation (FGBPC or FG Bukidnon), owns and operates the 1.6MW Agusan mini-hydro power plant in Damilag, Manolo Fortrich, Bukidnon. FGBPC
took over the operations of the mini hydroelectric power plant after winning a PSALM
auction of the asset in 2004.
FGRI first ventured into new and renewable energy (NRE) technologies in 1995 as a
distributor of photovoltaic (PV) panels.
In 2002, FGRI designed, procured, installed, tested, commissioned and commenced
the operation of a 180-kW wind plant system, hybrid with 1.2-MW diesel plant, for
Batan Island, the largest island in Batanes, located 162 kilometers north of Luzon,
Philippines. The hybrid system was designed to reduce diesel consumption and
provide a sustainable electric service to the island, which has an average load
demand of 300 kW. The project was inaugurated on Aug. 7, 2004, and was the first
commercially operated wind-diesel hybrid system in the Philippines. The NPC-Small
Power Utilities Group now operates and maintains the facility, which sells power to
the Batanes Electric Cooperative, Inc.
In July 2012, FGRI received Certificates of Registration from the DOE as a
Renewable Energy Developer of Wind Energy Resources in the municipalities of
Mercedes and Daet in Camarines Norte and in Burgos, Ilocos Norte.
In June 2014, following First Gen's acquisition of the 40 per cent stake of BG in the
Santa Rita and San Lorenzo power plants, FGRI merged with Bluespark
Management Limited (Bluespark), with FGRI being the surviving corporation. As a
result of the merger, FGRI now effectively owns the 40 per cent voting and economic
interest in FGPC and FGP, the respective owners of the Santa Rita and San Lorenzo
natural gas-fired power plants.
FGRI is now thus a holding company with significant stakes in a mini-hydro project
and natural gas projects.
First Gen Renewables, Inc. (FGRI), is a wholly owned subsidiary of First Gen that
was primarily tasked to develop greenfield prospects in the renewable energy market;
particularly, for solar, mini and small hydro and wind. FGRI, through its subsidiary FG
Bukidnon Power Corporation (FGBPC or FG Bukidnon), owns and operates the 1.6MW Agusan mini-hydro power plant in Damilag, Manolo Fortrich, Bukidnon. FGBPC
took over the operations of the mini hydroelectric power plant after winning a PSALM
auction of the asset in 2004.
FGRI first ventured into new and renewable energy (NRE) technologies in 1995 as a
distributor of photovoltaic (PV) panels.
In 2002, FGRI designed, procured, installed, tested, commissioned and commenced
the operation of a 180-kW wind plant system, hybrid with 1.2-MW diesel plant, for
Batan Island, the largest island in Batanes, located 162 kilometers north of Luzon,

Philippines. The hybrid system was designed to reduce diesel consumption and
provide a sustainable electric service to the island, which has an average load
demand of 300 kW. The project was inaugurated on Aug. 7, 2004, and was the first
commercially operated wind-diesel hybrid system in the Philippines. The NPC-Small
Power Utilities Group now operates and maintains the facility, which sells power to
the Batanes Electric Cooperative, Inc.
In July 2012, FGRI received Certificates of Registration from the DOE as a
Renewable Energy Developer of Wind Energy Resources in the municipalities of
Mercedes and Daet in Camarines Norte and in Burgos, Ilocos Norte.
In June 2014, following First Gen's acquisition of the 40 per cent stake of BG in the
Santa Rita and San Lorenzo power plants, FGRI merged with Bluespark
Management Limited (Bluespark), with FGRI being the surviving corporation. As a
result of the merger, FGRI now effectively owns the 40 per cent voting and economic
interest in FGPC and FGP, the respective owners of the Santa Rita and San Lorenzo
natural gas-fired power plants.
FGRI is now thus a holding company with significant stakes in a mini-hydro project
and natural gas projects.
Cebu Energy Development Corporation
GBP is a holding company that, through its subsidiaries, is a leading power producer
in the Visayas Region and Mindoro Island, with a combined gross dependable
capacity of 625MW comprising 617.5 MW of power supplied to the Visayas grid and
7.5 MW of power supplied to Mindoro Island. In anticipation of the ERC-Certificate of
Compliance to be issued in the first quarter of 2015, GBPs capacity will increase to
708.7MW due to the inclusion of TPC 83.7MW expansion. GBP is a joint venture
among several companies, including FMIC, a subsidiary of MBT, and GBH, a nonaffiliated company.GBP owns nine power generation facilities in the Visayas and
Mindoro Island. The largest is the 246 MW-rated clean coal-fired power plant in
Toledo City, Cebu, which is operated by CEDC. CEDC is a joint venture between
GBP and the Aboitiz Vivant Group, in which GBP holds a 52.19% beneficial interest.
This facility is the first commercial clean coal power plant In the Philippines. The
second largest power generation facility is the 164 MW-rated, clean coal-fired power
plant in Iloilo City, Panay, which is operated by PEDC, in which GBP holds an 89.3%
beneficial interest.The CEDC and PEDC projects began commercial operations on
February 26 and March 26, 2011, respectively. Both the CEDC and PEDC plants
utilize circulating fluidized bed boiler technology that produces very low levels of
sulfur dioxide and nitrogen oxide and captures most solid emissions.GBPs other
power generation facilities consist of a 63 MW coal facility and a 40 MW fuel oil

facility operated by TPC; a 72 MW fuel oil facility, a 20 MW fuel oil facility, a 7.5 MW
fuel oil facility and a 5 MW fuel oil facility operated by PPC, and a 7.5 MW fuel oil
facility operated by GPRI. TPC is an indirectly wholly owned subsidiary of GBP.
Panay Power Corporation
Green Power Panay Philippines Inc., is a Philippine Company developing two 17.5
MW thermal biomass power plants totaling 35 MW in Mina, Iloilo, Panay, Philippines.
The multi-fueled thermal biomass power plants will deliver BIOMASS grid connected,
decentralized, renewable energy power utilizing sustainable biomass resources such
as agricultural crop and food processing wastes. Green Power Panay does not use
biomass that competes with the human food chain and is strategically positioned to
efficiently construct and operate the biomass fueled renewable energy power plant
that embraces the global paradigm shift towards the development and use of clean,
cost-effective, renewable energy in the form of electricity: Clean energy generation
that delivers extraordinary Socio-economic development, helps to mitigate climate
change and avert the looming energy crisis that faces the Philippines and especially
the Island of Panay today.
Green Power Panay Philippine Inc., and its affiliate biomass company owns eleven
hectares of land in Barangay Cabalabaguan, in the town of Mina, Iloilo dedicated to
the GPPPI power plant and biomass densification and storage area. The site benefits
from access to the both the main highway and is within 500 m from the 69 kV subtransmission line of ILECO II, a main customer and 25-year Power Purchase
Agreement (PPA) counterpart to GPPPI generated renewable energy.
The GPPPI project electrical nominal output of 30 MW qualifies to be sold under the
Philippines Renewable Energy Act of 2008 R.A. 9513 (RE Act) Feed-in Tariff (FiT)
guaranteed 20-year rate of PhP 6.63 p/kWh. In addition, the DOEs award to GPPPI
of a Biomass Renewable Energy Operating Contract (BREOC), and Renewable
Energy Certificate (REC) on the 19th February 2010 enables GPPPI to sell its power
under the Green Option or Open Access directly to commercial end-users whilst
still availing of other 2008 Renewable Energy Act's fiscal and non-fiscal incentives.
GPPPI also has the ability to sell power through the Wholesale Electricity Spot
Market (WESM). Retail sales price for electricity in Iloilo City, 40 kilometers away

from the Mina site is currently in excess of PhP 13 p/kWh ($USD 29 cents p/kWh).
Green Power Panay Philippines Inc., is an affiliate of Filipino Company Global Green
Power PLC Corporation ("GGPC") that has targeted the Philippines for the
construction and operation of biomass power plant projects of between 17.5 to 35
megawatts of electricity (MWe). The Philippines has one of the highest electricity
prices within South East Asia. The opening up of the Philippines electricity market via
the Wholesale Electricity Spot Market (WESM), the promulgation of the Renewable
Energy Act of 2008 (R.A. 9153") and the abundance of readily available biomass as a
fuel source makes the Philippines one of the most attractive markets for renewable
biomass power generation, globally.

KEPCO Ilijan Corporation

Luzon Hydro Corporation

AboitizPower Corporation (AboitizPower, AP) is the holding company for the
Aboitiz Groups investments in power generation, distribution, and retail electricity
services. Incorporated in 1998, AboitizPower is a publicly listed holding company
that, through its subsidiaries and affiliates, is a leader in the Philippine power industry
and has interest in a number of privately-owned generation companies and

distribution utilities. Aboitiz Equity Ventures (AEV) currently owns 76.88% of the
outstanding capital stock of AboitizPower as of March 27, 2015.
Aboitiz Power Corporation is a holding company that was set up by the Aboitiz
Group to oversee its investments in power generation, distribution, retail, and
services. The company owns and operates several hydroelectric and geothermal
power plants as well as a number of non-renewable power facilities throughout the
Philippines. It also owns distribution utilities that are centered in high-growth areas in
Luzon, Visayas, and Mindanao.

Aboitiz Power envisions the harnessing of an array of renewable energy

sources that have a lighter impact on the environment, and has established
Cleanergy as the brand for its consumer power business. To carry out that vision, the
company aims to leverage its expertise in fields such as hydroelectric, geothermal,
wind and solar power.

Aboitiz Power Renewables Inc., a subsidiary of Aboitiz Power has two

operating fields. The geothermal power generating complex in Makban has four 63
MW units at plants A and B, two 57 MW units at plant C, and four 20 MW units at
plants D and E.
Meralco PowerGen Corporation
Meralco PowerGen Corporation (MGen) is a wholly-owned subsidiary of the Manila
Electric Company (Meralco), the largest electric distribution utility in the Philippines.
MGen is pursuing the development and construction of cost-competitive and reliable
power plants to ensure the provision of adequate, reliable and affordable power to
customers in the Meralco franchise area and other areas.
The company is aiming for a diversified power portfolio of up to 3,000 megawatts
(MW) from now until 2020 through environmental consideration and fuel selection

driven by availability, reliability and price to the system. This is part of an overall
strategy to ensure that power generation is sustainable, efficient and maximized
especially given growing concerns about the availability and reliability of power
supply in the coming years.
MGens parent, Meralco, is the largest electricity utility in the country. With 5.367
million customers as of 2013, the company accounts for nearly 75% of electricity
sales in Luzon or about 55% of electricity sales in the Philippines.
Meralcos franchise area also accounts for 50% of the total manufacturing output in
the Philippines.
Meralco PowerGen Corporation (MGen) is one of the newest players in the Philippine
power generation industry. Though MGen was only established in 2010, the industry
is hardly new ground.
Meralco was the countrys oldest and largest power generator until it relinquished and
transferred its power plants in favor of the National Power Corporation in the 1970s.
Prior to such transfer, it owned several power plants in Metro Manila including the
Blaisdel, Tegen, Sucat, Malaya and the famed Rockwell plants.
Meralco continued to be the countrys oldest and largest electricity distributor, its core
business since the divestment of its power generation assets.
Following the nationwide power crisis of the late 1980s and early 1990s, private
sector participation in power generation was aggressively encouraged by the
government. While Meralco continued to focus on its core distribution business, it
also decided to re-enter the power generation business.
In 2010, MGen was formed with a management team composed of Filipino and
expatriate executives with extensive experience in power generation projects across
the United States, China, Asia, Europe, and the Middle East.
For Meralco, producing power is a strategic move that transforms the company from
being a pure price-taker to a source of competitively-priced electricity. It is also just

going back to its roots because when you look at history, the company started as a
power generator and an electric service distributor.
Millennium Energy, Inc.
Millennium Energy Corp is a Nevada Corporation publicly traded on the OTC
MARKETS in the U.S.A. with the trading symbol MENC,
Millennium Energy Corp is focusing on a range of Renewable Energy projects and
Renewable Energy powered by Wind, Solar or Waste to Energy using innovative
technology solutions to implement its business plans in the Energy Sector across the
globe.
Millennium Energy makes agreements to joint venture our Renewable Energy
Projects with strategic partners in each country we have a project this is done in
order to take advantage of the local knowledge and to utilize best technology and
experience available to execute our projects in all regions of the world from North
America, South America, Europe, Middle East, Africa and South East Asia, including
Australia , China and India.
We have made formed a strategic alliance with Amplex Capital, Located in Dubai
U.A.E. to assist our company sourcing suitable projects and to assist in the financial
structures as well as introducing financing partners for projects particularly in the
Middle East.
WPP provides a true waste to energy technologies that goes way beyond the
traditional incinerator and beyond standard gasification processes. We promote
advanced technology that allows for 100% conversion of waste to energy and by
products in a safe and environmentally friendly manner.
M illennium Energy plan to engage one of the top ten project managers in the world
Hill International Inc as advisors and as project managers to ensure our Energy
projects will be of superior design will be professionally managed and will be
executed within budget and completed in agreed time frames utilizing the superb
skills of the Hill International team of over 900 professionals in 100 offices operating
in 35 different countries in 6 primary regions of the world, including:

Quezon Power (Philippines) Ltd. Co.

Quezon Power (Philippines), Limited Co. owns and operates the 460MW net coalfired electric generating facility and the 31-kilometer transmission line in Barangay
Cagsiay 1 in the municipality of Mauban, Quezon.

It began commercial operations in May 2000 and to this day continues to deliver
power to the Luzon grid through a 25-year power purchase agreement and
transmission line agreement with the Manila Electric Co. (Meralco).

Quezon Power is owned by Electricity Generating Public Co. (EGCO) the first
independent power producer (IPP) in Thailand. EGCO was incorporated in May 1992
by Electricity Generating Authority of Thailand (EGAT) and was eventually
transformed into a public company in March 1994 with investments in power
generation and supply as well as comprehensive energy services providing
operation, maintenance, engineering and construction services to power plants and
other industries in Thailand and overseas.

Considered a trailblazer in the Philippine power industry, the Quezon Powers

Mauban Power Project is recognized as the first Build-Own-Operate power project in
the country and the first one that did not require a sovereign guarantee from the
Philippine government.

Quezon Power remains committed to its Sustainable Development Program which

helps thousands of residents in Mauban who are beneficiaries of much-needed
assistance in the areas of education; livelihood and skills development; health;
environmental; infrastructure development; community relations; and host community

benefits.

San Roque Power Corporation

San Roque Power Corporation (SRPC) is responsible for the operations and
maintenance of the power-generating facility of the San Roque Multipurpose Project
for 25 years effective May 1, 2003.
SRPC is a corporation organized and existing under Philippine laws and registered
with the Philippine Securities and Exchange Commission on October 14, 1997. It is a
stock corporation incorporated in the Philippines, in accordance with the Corporation
Code of the Philippines and the Foreign Investments Act of 1991.
The company is owned by Marubeni Corporation and Kansai Electric Power
Company Ltd. with an equal sharing of 50%.
SRMP has an installed capacity of 411 MW producing approximately 1,000
GWh/year, providing renewable peaking energy to the Luzon Power Grid. As a
peaking power plant, SRMP provides the Luzon Power Grid with an additional
dependable capacity of 110 MW even during periods of extreme drought.
SRMP uses a 230kV Transmission Line traversing the 9-kilometer distance from the
power plant to San Manuel Substation. The line spans with 25 steel towers and 2bundle

double

circuit

conductors equipped

with

advanced

protection

and

communication system for power transmission.

Sem-Calaca Power Corporation

The Company`s power business, DMCI Power Corporation (DMCI Power) has
started the construction of Masbate Diesel Power Plant in Brgy. Tugbo, Mobo,
Masbate with a total guaranteed dependable capacity of 13 megawatts. The National
Power Corporation (NPC) awarded DMCI, after a competitive selection process, the
right to supply power to the island of Masbate for fifteen (15) years through a Power
Supply Agreement with Masbate Electric Cooperative (MASELCO).

In July 2009, the Company has been awarded the 600MW Thermal Coal-Fired Power
Plant in Calaca, Batangas. The power plant now has been turned over to the project
company, Sem-Calaca Power Corp., a 100% owned subsidiary of SMC.
DMCI Power has the intention to bid for a selected number of National Power
Corporation-Small Power Utilities Group (NPC-SPUG) contracts and Power Sector
Asset and Liabilities Management (PSALM)s privatization of power generation
assets. It also plans to provide power to leading industrial corporations across the
country.
DMCI Holdings, Inc. (DMCIHI) was incorporated on March 8, 1995 as a holding
company to consolidate all construction business, construction component
companies and related interests of the Consunji Family. It was listed on the Philippine
Stock Exchange on December 18, 1995.
San Miguel Energy Corporation
In a relatively short period, San Miguel has built a vertically integrated power
company with a full spectrum of power businesses comprising of IPPA contracts
through holding company SMC Global Power Holdings. Being a vertically integrated
power company gives SMC the opportunity to compete and maximize value in key
segments of the value chain by driving and capitalizing on synergies among fuel
sourcing, power generation and power distribution.

Green field power plants

Designed to initially produce up to 900 megawatts of electricity using the most
modern combustion technologies that meet international environment standards, our
new power plants in alita, Davao and Limay, Bataan, will help bring about security in
power supply.
SN Aboitiz Power, Inc.
AboitizPower Corporation is the holding company for the Aboitiz Groups
investments in power generation, distribution, and retail electricity services.
Incorporated in 1998, AboitizPower is a publicly listed holding company that, through
its subsidiaries and affiliates, is a leader in the Philippine power industry and has
interest in a number of privately-owned generation companies and distribution
utilities. Aboitiz Equity Ventures (AEV) currently owns 76.88% of the outstanding
capital stock of AboitizPower as of March 27, 2015.
Aboitiz Power Corporation is a holding company that was set up by the Aboitiz
Group to oversee its investments in power generation, distribution, retail, and

services. The company owns and operates several hydroelectric and geothermal
power plants as well as a number of non-renewable power facilities throughout the
Philippines. It also owns distribution utilities that are centered in high-growth areas in
Luzon, Visayas, and Mindanao.

Steag State Power, Inc.

STEAG State Power Inc. (SPI) is a leader in advanced coal power generation
technology. Its strengths are efficiency, reliability, safety, innovativeness and social
responsibility.
It was established in 1995 as a special-purpose company created to own, finance,
construct, operate and maintain the first coal-fired power plant in island of Mindanao.
SPI is majority owned by Steag GmbH which is Germanys 5th largest electricity
producer and a pioneer of highly efficient generation technology using hard coal.
With solid technical know-how and expertise plus a workforce complement of about
200 dedicated and competent personnel, SPI fulfils its mandate of providing solutions
to the energy needs of the country and lives up to its vision of being a reliable partner
to the nations quest for progress.
The establishment of SPIs Mindanao Power Plant was in response to the power
crisis that hit Mindanao in the early 1990s. It was identified as an important
component of the Philippines Power Development Program. According to the
Philippines Department of Energy, Mindanao needs an additional capacity of at least
850 MW for the period 2006-2014. Prior to the commissioning of the project, the
Mindanao electricity grid was characterized by an installed capacity of approximately
1,700 MW only, of which almost 1,000 MW was hydro, about 100 MW was
geothermal, and the balance was oil/diesel fired.
The high demand growth and a large proportion of generation being hydro based,
resulted in power deficits especially during dry years. As a result of this there was a
clear imperative to put up cost effective thermal power plants operated at a lower fuel

cost than the oil/diesel plants and with more reliability than hydropower.
The Mindanao Power Plant Project has fulfilled this objective. With its timely
operation beginning 15 November 2006, the Mindanao Power Plant helped stabilize
supply of electricity in Mindanao. Furthermore, the systems reserve margin increased
from a critical level of 13% prior to start of operation to 24% after start of operation.
The required systems reserve margin for Mindanao at that time was 21%.
SPIs power plant is considered as the most modern in Mindanao. After three (3)
years of construction, the power plant began supplying Mindanaos electricity needs
in November 2006 just in time when the island was bracing for a looming power
shortage. It is located within a 55-hectare lot at the PHIVIDEC Industrial Estate in
Misamis Oriental. The plant was constructed through the Build-Operate-Transfer
(BOT) scheme with a 25-year cooperation period with the National Power
Corporation (NPC).
As of December 2013, the power plant accounts for about 18% of the islands total
electricity supply and has thus far contributed stability and supply reliability necessary
to sustain Mindanaos economic growth and development.

Team Energy Corporation

In 2000, the company began expanding its business by developing power facilities in
Bataan and Oriental Mindoro. Today, through its Energy Supply Business (ESB),
TeaM Energy is able to cater directly to the energy needs of industrial end users in
Luzon by selling the excess and uncontracted 218 MW-capacity in Sual, and the 35
MW-capacity in Pagbilao, in partnership with the National Power Corporation. The
company supplies directly to electric cooperatives, private utility companies,
economic zones and large industrial end-users in Luzon. Our existing clients include
the following:
1.
2.
3.
4.
5.
6.
7.

Benguet Electric Cooperative (BENECO)

La Union Electric Corporation (LUECO)
Philex Mining Corporation
Solid Development Corporation
Baguio City Economic Zone
Philippines Resins Industries, Inc.
MERALCO

The Energy Supply Business group is focused on retaining and acquiring clients who
meet the minimum criteria:
1.
2.
3.
4.

high demand and good growth prospects

proven and credible top management
excellent credit rating
accessibility to the TRANSCO grid

Apart from retail electricity marketing, the Energy Supply Business also allows the
company to stand as a wholesale aggregator (i.e. from RA 9136 EPIRA: a person or
entity engaged in consolidating electric power demand of end-users in the
contestable market, for the purpose of purchasing and reselling electricity on a group
basis); in consideration of the rules and regulations in the Wholesale Electricity Spot
Market (WESM), and in the fields of Load Management, Technical and Power
Services.
This pioneering initiative to enter the competitive market demonstrates the company's
flexibility and ability to increase its earning capacity in an increasingly deregulating
market environment.
Pagbilao Power Station is a 735-MW coal-fired thermal power plant at Isla Grande in
Pagbilao, Quezon.
The earth-moving of about 200 hectares at Isla Grande, Barangay Ibabang Polo
(Pagbilao) commenced on February 6, 1993. After three years, the first unit was
synchronized on March 7 and turned commercially available on June 13. The second
unit was synchronized on May 30 of the same year and turned commercial August
14.
In developing its communities, TeaM Energy begins in building the infrastructure that
provides opportunities. 15-km and 8-km access roads were constructed and a
permanent bridge was built; not only connecting places but also linking lives.
Secondary is building a foundation of genuine thrust and support with our
communities and partnership with the local government. This is being done by
improving the level of awareness of the residents, improving the quality of education
through construction or rehabilitation of schools, awarding scholarship grants to

students and teachers, providing on-the-job training opportunities to graduating

students, and uplifting literacy in information technology. Further, one of TeaM
Energys priorities is improving basic services like rural electrification, waterworks
system, and delivery of health care.
We also prioritize the employment of local populace: Seventy-six percent (76%) of
our employees are locals, 52% of which are Pagbilaoins. Aside from that, we also
encourage local service providers and entrepreneurs. To date, we have organized
nine (9) community-based Mothers Club and five (5) cooperatives. A livelihood
center was established at the resettlement site to provide venue of economic
improvement and self-realization.
Part of TeaM Energys leadership philosophy is environmental stewardship wherein
procedures that seek to preserve the environment are being implemented. To
guarantee this, TeaM Energy installed necessary environmental mitigating measures
and facilities. The plant uses bituminous, low-sulfur and low-ash content coal; has
advanced water spray system; highly efficient electrostatic precipitators; dust
collectors; air monitoring station; ash lagoons; sedimentation basin; and waste water
treatment plants. All of these were designed to alleviate possible environmental risks.
Above these endeavors, TeaM Energy successfully initiated several communitybased environment projects including the rehabilitation of the 10-hectare watershed
Binahaan, reforestation of the 2-hectare mangrove area at Tulay-Buhangin (Pagbilao)
and 2 hectares at Quipot Bridge (Luaya Point), establishment of a Coastal Resource
Program for Pagbilao Bay, and the ongoing Carbon Sink Initiative project, which aims
to rehabilitate the 150-hectare upland and 150-hectare coastal mangrove forests.

Therma Luzon, Inc.

Therma Luzon, Inc. (TLI) is a wholly owned subsidiary of Therma Power, Inc. (TPI).
TLI is the first Independent Power Producer Administrator (IPPA) when it assumed
the role of the registered trader of the contracted capacity of 700 MW from the

Pagbilao power plant in Quezon Province. As IPPA, TLI is responsible for procuring
the fuel requirements of, and selling the electricity generated by the plant. TLIs
capacity has been contracted to various electric cooperative, distribution utilities, and
contestable customers through AboitizPowers retail electricity supplier company
Aboitiz Energy Solutions, Inc. (AESI).
Trans-Asia Oil and Energy Development Corporation
TA Petroleum is a Philippine corporation organized on 28 September 1994 as a
wholly-owned subsidiary of Trans Asia Oil & Energy Development Corporation (TA
Oil) with primary purpose to engage in the business of oil and gas exploration,
development, and production both domestically and internationally.
On December 21, 2012, TA Petroleum acquired TA Oils interests in four oil and gas
Service Contracts in the Philippines, namely: (a) 6.82% interest (gross) in SC 55
West Palawan (through its 69.35% share in its subsidiary, Palawan55), (b) 6.67%
interest in SC 51 East Visayas, (c) 6.00% in SC 69 Camotes Sea, and (d) 2.334% in
SC 6 Block A and 14.063% in SC 6 Block B.
Pursuant to Presidential Decree No. 87 or The Oil Exploration and Development Act
of 1972 (PD 87), the Company as a Contractor is obligated to undertake, manage
and execute petroleum operations and to provide all necessary services and
technology and perform the exploration work obligations and program prescribed in
the said Service Contracts.
As the oil exploration arm of Trans-Asia Oil & Energy Development, Trans-Asia
Petroleum ventures into partnerships with the Philippine government under four key
Service Contracts (SCs.)
Under the SC, TA Petroleum has the exclusive rights to explore, develop and
produce petroleum resources within the contract area.

Distribution Companies (DisCos)

Company
1 Angeles Electric Corporation
2 Bohol Light Co, Inc.

3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21

Cabanatuan Electric Corporation

Cagayan Electric Power and Light Co., Inc.
Cotabato Light and Power Co., Inc.
Dagupan Electric Corporation
Davao Light and Power Co., Inc.
Ibaan Electric and Engineering Corporation
Iligan Light and Power Co., Inc.
Mactan Electric Company
Manila Electric Company
La Union Electric Co.
Panay Electric Co., Inc.
Public Utilities Department - Olongapo
San Fernando Electric Light and Power Co.,
Inc.
Tarlac Electric, Inc.
Visayan Electric Co., Inc
Clark Electric Distribution Corporation
San Fernando Electric Light and Power Co.,
Inc.-Florida
Lima Utilities Corporation
First Bay Power Corporation

Angeles Electric Corporation

The third largest electric company in Luzon was known as Angeles Light and Power Plant
when it formally started operating in July 10, 1923. The company has since survived a
war, a fire and a major volcanic eruption.
AEC -old building 01The company came to be known as Angeles Electric Corporation
(AEC) when it was incorporated and registered with the Securities and Exchange
Commission in 1959. Today, after more than 90 years in operation, AEC continues to
move forward and remain at par with industry leaders.
Angeles Electric Corporation holds the distinction of being the first electric utility company
to achieve 100% electrification of all areas within its franchise coverage. This happened
in 1969 with the conversion of distribution voltage from 2,400v to 13,800v that enabled the
company to extend its power lines to the remotest barangay of Angeles City. 1983 LMC
02In 1996, the company was adjudged Outstanding Countryside Investor (Large-Scale
Category) of the Year by the Philippine Chamber of Commerce and Industry, Inc. (PCCI)
in recognition of AECs contribution to hasten the economic recovery of Angeles City after

the devastating eruption of Mount Pinatubo.

While the 80s may be considered as banner years when AEC experienced
unprecedented growth with the increase in coverage area and computerization of the
billing system, the 90s will be remembered as the turbulent decade of the power crisis,
Mt. Pinatubo eruption and labor unrest. It was during this period when AEC made a
determined effort and succeeded to enhance customer service and information
retrieval system.
On the fourteenth year of the new century, Angeles Electric Corporation is gearing up to
meet the challenges of an industry in a state of transition. AECs competitiveness in a
deregulated environment is anchored on a two-pronged thrust: the enhancement of
service delivery and the strengthening of operational and financial viability.
Bohol Light Co, Inc.
Power and Electricity are vital components to the economic, political, social and human
capital development.It intrinsically integrates the sustainability factor, long enough to
generate the desired progress in a locale transcending even beyond its boundary limits,
thus, contributing to the attainment of the national goal of total electrification. Conscious of
this need and the awareness to perform a social responsibility, the Provincial Government
of Bohol (PGB), a public corporation providing electricity within Tagbilaran City and a few
barangays through the Provincial Electric System (PES), issued an invitation to pre-qualify
and bid for the rehabilitation, ownership, operation, maintenance and management of
PES through a Rehabilitate-Own-Operate-Maintain and Manage Scheme (ROOMM) in
December, 1999. The Consortium of Salcon International, Inc.(SII), Salcon Power
Corporation (SPC), and Pure and Palm Inc. was awarded the ROOMM contract after the
PGB adjudged the Consortium’s bid as the best complying and the most
advantageous among all bids received and evaluated. A Joint Venture Agreement (JVA)
was signed which allow the Consortium to purchase, own, rehabilitate, operate, maintain
and manage the PES and for PGB to sell and transfer the franchise to operate the PES in
the city of Tagbilaran to the Consortium. Through an Accession Agreement, on August 28,
2000 BLCI acquired the rights, interest, assets and equipment of the Consortium
composed of SII, SPC and other members of the JVA.

Cabanatuan Electric Corporation

Cabanatuan Electric Corporation was originally established as Samahang Magsasaka,
Inc. (SMI) in 1910 to destroy the monopoly of the palay threshing business in the town of
Cabanatuan. It was a civic-minded business organization composedc of 96 members
with a capital start of P10,000.00
On March 8, 1919, by virtue of the enabling act of legislature, SMI was granted a
franchise to install, operate, and maintain an electric, light, heat and power system in the

town of Cabanatuan.

Thus, the company embared on a business that provided the

beginning of many long years of difficulties and successes to the administration of SMI.
When the term of this first franchise expired in 1960, SMI applied for a franchise renewal.
On June 19, 1961, the Congress of the Philippines by virtue of Republic Act No. 3118
approved the second franchise for another 50 years. Under the provisions of this Act, SMI
has the sole and legal right to distributre and generate electricity to the City of
Cabanatuan in Nueva Ecija until the year 2011. In 1988, the corporate name SMI was
changed to Cabanatuan Electric Corporation (CELCOR) to fully reflect the firm's nature of
business.

As of 1995, CELCOR belonged to the Top 2,000 Corporations in the

Philippines, ranking 1,227th in terms of gross revenues. As of April 1998, the Corporation
had 510 stockholders with a total of 49,144 shares. CELCOR distributes electric power to
more than 38,000 households in Cabanatuan City. In December 1998, total assets stood
at P690 million.
Electric Operations consist of two (2) shifts, providing 24-hour on-duty servicemen and
radio operators who are available around the clock, seven (7) days a week, to meet the
needs of the customers. Our service crew is composed of 64 electricians and linemen, 30
of whom are dedicated to field work. In addition, 23 radio-equipped service vehicles and
a computerized radio room complement our crew to offer top-quality power servicing.
CELCOR main offices are located at Maharlika Highway, Barangay Bitas, Cabanatuan
City. Collection offices are strategically located at CELCOR's Commercial Building in
Burgos Avenue, Cabanatuan City and at the CELCOR's Commercial Building in Burgos
Avenue, Cabanatuan City and at the Main Office in Bitas. These are open nine (9) hours
a day, five and a half (5 1/2) days a week. Our 24-hour phone numbers are 463-3974,
463-0505, 463-0811 and 463-0408 which are constantly manned by radio operators who
can efficiently transmit all the servicing requirements of the company's customers to our
service crews
Cagayan Electric Power and Light Co., Inc.
CEPALCO is continuously nurturing and achieving its vision of becoming the best electric
distribution utility in the country.

In 1962, the company obtained a legislative franchise to serve Cagayan de Oro City.
Shortly thereafter, this franchise was expanded to cover the municipalities of Tagoloan
and Villanueva, where the 3,000 hectare PHIVIDEC Industrial Estate is located, and
Jasaan, all within the Province of Misamis Oriental.
To keep pace with the development of Northern Mindanao, CEPALCO assumed its
position as a growth catalyst by embarking on a long range plan to build the Company, its
facilities, manpower resources and expertise.
The Companys electric utility operations history dates back to January 1952 when it
generated its own power through a diesel generator rated at 400 kilowatts, serving about
750 customers within Cagayan de Oro City through a 2.4 kilovolt primary distribution
system.
In 1967, CEPALCO laid the backbone of its distribution system by constructing a 40
kilometer primary distribution line that spanned the distance from NPCs Carmen
substation in Cagayan de Oro City up to the poblacion of Jasaan, Misamis Oriental. This
primary line was energized at 34.5 kV; it was the first that this Voltage was used for
distribution purposes in the Philippines. The new power line served the increasing
electrical requirements of Cagayan de Oro City and the municipalities of Tagoloan,
Villanueva and Jasaan.
The succeeding years saw CEPALCO undertake a massive expansion program in its
capacity and coverage both for urban and rural electrification.
Improvements in the Companys distribution and service facilities were implemented and
the feeder lines were upgraded to take in higher voltages.
Power substations were constructed, and electric lines were extended from the primary
distribution line running along the national highway to all major population centers within
its franchise area. In the city, distribution lines were extended to all commercial and
residential sites.
Today, CEPALCO has become one of the most responsive and dependable electric
distribution companies in the country, equipped with modern facilities and an efficient and

reliable electric distribution service network. The Companys distribution system includes
138KV, 69KV, 34.5KV and 13.8KV facilities serving a total customer base of over 120,000
with a power demand exceeding 146 megawatts. CEPALCO now ranks as the fourth
largest electric service company in the country.

Cotabato Light and Power Co., Inc.

Cotabato Light and Power Companys (Cotabato Light) franchise area covers the city of
Cotabato, and part of the municipalities of Datu Odin Sinsuat and Sultan Kudarat, both in
Maguindanao. Cotabato Light and Power Companys (Cotabato Light) linkage with sistercompany Davao Light allows it to immediately benefit from the latters system
developments.
Dagupan Electric Corporation
Address: 3/F Veria I Bldg. 62 West Avenue., Quezon City
Contact Persons:Isabelita Llames - President, Engr. Augusto Sarmiento - Asst. Area Manager - QC Office,
Dolores Ramos
Contact Numbers: (02) 374-2134, (02) 374-3039, (02) 371-4683 fax, (075) 5222782
Unbundled Electricity Rates

Iligan Light and Power Co., Inc.

With over eighty years of dedicated service to the community, iligan Light and power Ic
has modestly grown and developed in its operations and business and currently ranks 9 Th
amonth 17 largest private utilities in the Philippines. Its continiuing efforts for further
improvement showcases its commitment to be a highly efficient and competent provider of
electricity

Manila Electric Company

MERALCO is an investor-owned electric utility serving roughly a quarter of the estimated
94 million population of the Republic of the Philippines.
It was organized as the Manila Electric Railroad and Light Company 107 years ago in
1903 to provide electric light and power and an electric street railway system to Manila
and its suburbs. The facilities that Meralco built to provide these two services represented
for many years the largest single investment of American private capital and know-how in
the whole of East Asia.
For a little more than four decades, Meralco provided Manilans their first modern mass
public transportation system with electric streetcars which in the twenties were
supplemented by busses. World War II destroyed the railway system beyond rehabilitation
and Meralco gave up its transportation business in 1948, concentrating thenceforth on
providing electricity. The electric service it provided powered much of the postwar
rehabilitation and early industrialization of the young republic that became independent in
1946.
In 1961, in a move considered daring at that time, a group of Filipino investors led by the
entrepreneur Eugenio Lopez Sr. bought Meralco from its American owners, the first major
American enterprise to be so 'Filipinized.' During the decade that followed, the new
Filipino

management

built

electric

generating

and

distributing

facilities

at

an

unprecedented pace to meet the burgeoning needs of its franchise area; this was made
possible by earning the confidence of international credit institutions like the Ex-Im Bank

of the United States, the Ex-Im Bank of Japan, the International Finance Corporation
(IFC), Kreditanstalt fur Wiederaufbau (KFW), and other banks, insurance companies, and
major American, German and Japanese suppliers.
Meralco was the first Philippine company to issue mortgage trust indenture bonds
successfully in the US financial market on Wall Street. Meanwhile, an enlightened human
resource management regime ensured industrial peace and employee loyalty at home. In
1969, Meralco became the very first billion-peso company in the Philippines. This was all
the more remarkable because much of it had been achieved without recourse to
government guarantees.
In the 1970's, the Philippine Government made it a state policy for the government to own
all major generating facilities. Meralco sold its generating plants to the National Power
Corporation, and electric distribution became its core business. Indeed, in the first half of
the 1980's, Meralco's franchise area tripled in area from 2,678 square kilometers to 9,337
square kilometers, mainly because provincial consumers preferred the rates and service
of Meralco to those of the utilities that had previously served them.
During the 1980's, Meralco, upon the request of the government, organized, started up
and operated the country's first elevated light rail transit (LRT) system in Manila between
Baclaran and Caloocan. It was reminiscent of the prewar role of Meralco in the city's
streetcar system. At the end of the decade, Meralco turned over the efficiently functioning
system to the government.
Since the late 1980's, state policy on electric generation changed and once again called
for private investment in this area.
Reflecting a trend worldwide, the Philippines, since the 1990's, has also been in the
throes of a major restructuring of the entire electric utility industry. In general this has
included efforts to move towards privatization and at the same time limit monopolies and
encourage open competition in large portions of the industry.
More than in the past, much of Meralco's management since the mid-1990's has been
directed towards enabling the organization to react nimbly to the changing structures and
environments in which it operates, despite its continuing status as one of the oldest and
biggest Philippine companies. Drives have gone under different names and slogans, e.g,
TQM, re-engineering, Meralco Transformation Program, etc., but they share certain
common emphases: customer satisfaction, world-class efficiency and productivity,
performance-driven rewards, good corporate citizenship, transparent good governance,
and process, organizational and human resource development towards these values.

Occasionally these efforts and their results have received recognition from others. More
than a quarter of a century ago in 1980, the Personnel Management Association of the
Philippines named Meralco as the Employer of the Year. More recently, the Employers
Confederation of the Philippines (ECOP) echoed this in choosing Meralco for its 'Grand
Kapatiran sa Industriya' award as the overall winner in 2005 in four identified areas:
industrial peace and harmony, productivity, social accountability, and strategic visioning
and partnering for business and job survival. Regional Asian publications like Finance
Asia, Far Eastern Economic Review, Asiaweek, Asiamoney, Euromoney, have often cited
Meralco as among the 'best managed' companies not only in the Philippines, but in Asia.
In 2008, the Institute of Corporate Directors, in cooperation with the Securities and
Exchange Commission, the Philippine Stock Exchange and the Ateneo de Manila Law
School, cited Meralco for being among the leaders in promoting good corporate
governance.
Despite all this, Meralco is mindful of the fact that the most important judgment is that of
the consumer or customer. The direction is to give the consumer a real choice on where
to buy his electricity and Meralco's declared vision is to make itself the energy service
provider of choice.
Meanwhile, major stock transactions in 2009, have placed Meralco on the threshold of
exciting initiatives in synergistic partnership with two other giant Philippine conglomerates,
the PLDT and the San Miguel groups. This should augur well not only for Meralco, but for
the Philippines as well.
The synergistic partnerships can lead not only to increased business opportunities and
cost reductions, but also to new, expanded and more affordable service to the public.

La Union Electric Co.

Panay Electric Co., Inc.
PECO's Franchise area is located around Iloilo City, PECO uses the term feeder to
determine a certain area in it's distribution network. In order to guide PECO's valued
consumers, a breakdown of PECO's feeders and their corresponding locations have been
listed below.
Area Coverage of Feeders and Substations
50 MVA - Baldoza Lapaz
FEEDER NO. 1:
Portion of Baldoza, Ticud, San Isidro, Ingore, Banuyao, Jalandoni Estate, Punong,
Progreso, Libertad, Bankerohan, Abanilla, Don Esteban, Sinikway, Lapuz Norte,
Mansaya, Loboc, Bombo Transmitter, RMN Transmitter, Bo. Obrero, Villa San Lorenzo in
La Paz District..

FEEDER NO. 2:
NO LOAD
FEEDER NO. 3:
Portion of Baldoza, Lopez Jaena , Villa Hermosa, Valderrama compound, Bliss Project,
Kaingin, Jereos Extension, San Gregorio Subd., Jereos St., Puerto Real, portion of
Magdalo, Railway, San Nicolas, Burgos, WVCST Campus, portion of Mission Extension,
Javellana, Ledesco Village, Tabuc Suba, portion of Banuyao and, Hinactacan in La Paz
District; Cubay, Balabago, Landheights IV, St. Joseph Subdivision, Lucky Homes
Subdivision, del Carmen, portion of E. Lopez, WVSU Campus and Hospital, Iloilo Mission
Hospital, portion of Commission Civil, D.B. Ledesma, Mission Road and Extension &
portion of Montinola in Jaro District.
FEEDER NO.4:
Baldoza Road, Lopez Jaena, Huervana, Rizal St., Portion of Muelle Loney, Portion of
Mabini, Portion of Ledesma, Mary Mart Mall, Valeria, Valeria Extension, portion of Iznart,
Solis, Arroyo, Arsenal, J.M. Basa, Aduana, Iloilo Central Market, Aldeguer, Guanco,
Hoskyn's Compound, Freedom Grandstand, DTI, Bureau of Fire and portion of Mabini in
City Proper.
FEEDER NO.5:
Baldoza Road, Golden Portals, Lopez Jaena, Huervana, Cristina Colonade, Grand Dame
and portion of Luna in La Paz District, Bonifacio Drive, River Queen, Iloilo Hall of Justice,
MIWD, Red Cross, portion of Gen. Luna, Atrium, St. Paul's Hospital, portion of Muelle
Loney and ILOILO CITY HALL in City Proper.
Area Coverage of Feeders and Substations
20 MVA - City Proper
FEEDER NO. 6:
NO LOAD
FEEDER NO. 7:
Portion of Mabini, Portion of de Leon, portion of Quezon (besides Robinson's Place),
portion of Iznart, Ma. Clara, University of Iloilo, General Blanco, Sta. Maria School, portion
of Rizal, Ortiz, Gomez, Mapa, Bombo Radyo, General Hughes, Duran, Veteran's Village,
Sto. Rosario, Port San Pedro, Plaza Libertad, Calazanz, de La Rama, Muelle Loney,

Legaspi, Blumintritt, Zamora, Melliza, Pepita Aquino, Concepcion, Parola and Camp
Delgado in City Proper.
FEEDER NO. 8:
PECO Offices
FEEDER NO. 9: - NO LOAD
FEEDER NO.10:
Robinsons, Portion of Gen. Luna , ICPO in City Proper District.
FEEDER NO. 11:
Portion of Delgado, Quezon (from corner Gen.Luna to corner Robinson), Liberation,
Valeria (from Sm Shoemart to PNB), SM Valeria and Delgado, Portion of Solis St. (Banko
Sentral) , Transcom, and Amigo Terrace Hotel in City Proper.
Area Coverage of Feeders and Substations
10 MVA - Tabuc Suba, Jaro
FEEDER No. 13:
Portion of Tabuc Suba, Villa Consolacion, portion of Rica Village, Bankers Village, Villa
Las Palmas, Petalsville, St. Alphonus, Alta Tierra Village, Quintin Salas, Tacas, Carmen
Village, M.V. Hechanova, Gran Plains Subd., Jalbuena Subd., Buhang, MYL Subdivision,
LJ Ledesma Subd., Dolmax Subd., Asico Subd., Camalig, Balantang, Lawaan Village,
Phil. Science High School; Metropolis Subdivision, Laurea Subd., Tagbac, Landheights,
Fatima Village, San Jose Community Village and Brgy. Buntatala in Jaro District.
FEEDER No. 14:
Portion of Tabuc Suba, Remonville, Modern Homes Subdivision, , Washington, part of
Democracia, portion of Fajardo, Lopez Jaena, PRC Iloilo, Simon Ledesma, San Isidro,
Fajardo Subd., Sambag, San Paulo Subd., San Agustin High School Campus and Ungka
in Jaro District, portion of Washington, Benedicto, M. Jayme, M. H. del Pilar and Don
Francisco in Jaro District.
Area Coverage of Feeders and Substations
25 MVA - Bolilao, Mandurriao

FEEDER No. 15:

Portion of Jalandoni, Montinola, Iloilo Sports Complex, Magsaysay Village, Prime Estates,

Westbridge, Portion of Luna, ABS-CBN, PLDT, Hechanova, Dicen, Nabitasan, Mirasol

Subdivision and Gaisano City in La Paz
FEEDER No. 16:
Portion of Jalandoni, Villa Matilde, Portion of E. Lopez, San Vicente, San Jose College,
portion of M. Jayme, Seminary Road, Brgy. CC El 98, Jaro Cathedral, Cuartero Street,
Fajardo Street, Arguelles Street, Brgy. Desamparados, Dungon A and B, portion of
Sambag, Ceres Compound, Westwoods Subd. in Jaro Distrct; Brgy. Bakhaw in
Mandurriao District..
FEEDER No. 17:
DEDICATED FEEDER: SM City - Diversion Road, Mandurriao
FEEDER NO. 18:
Jalandoni Ext., Bolilao, Portion of Diversion Road, Taft North, Villa Alegre, Q. Abeto,
WVMC, NHA Phase 1 and 2, Dungon C, Mirasol. Airport, Nava-is, Oate-de Leon, So-oc,
Calajunan, Guzman-Jesena, Hibao-an Sur and Norte in Mandurriao District, Housing
Mandurriao; Calubihan, Cuartero Hi-way, portion of Jalandoni, Jollibee, Commission Civil.
FEEDER NO. 19:
DEDICATED FEEDER : MEGAWORLD
Area Coverage of Feeders and Substations
25 MVA - Avancea, Molo
FEEDER NO. 20:
San Marcos Highway, San Pedro, portion of San Jose, Iloilo Supermart-Molo, EPLDTVentus, portion of M.H. del Pilar, ICNHS, portion of Taal, Soriano Subdivision, Hotel del
Rio, Savant Call Center, John B. Lacson, AVESCOR, Call Box, F & E in Molo District,
Sarabia Manor, Portion of Gen. Luna and Aurora Subd. in City Proper.
FEEDER NO. 21:
Portion of M.H. del Pilar, Plaza Molo, Molo Police Station, BIR, DSWD, portion of Lopez
Jaena, portion of San Antonio, Timawa Avenue, Iloilo Doctors College and Hospital in

Molo District; portion of Ybiernas, portion of Infante, UPV Campus, Delgado Subdivision,
Bagumbayan, North & South Fortunata, portion of Jalandoni going to University of San
Agustin, portion of Delgado in City Proper.
FEEDER NO. 22:
PLDT Compound, San Juan, portion of San Antonio, portion of Compania, Whole of
Baluarte, Lopez Jaena, Makinaugalingon Press, Molo Boulevard, San Juan, Calumpang,
Juntado Subd. in Molo District Whole of Tanza-Infante, UPV, Jollibee, Citadel, Iloilo
Fishing Port Complex., Tanza-Cemetery, Tanza-Baybay, Tanza-Bonifacio, portion of
Ledesma and Jalandoni, Fine Rock Hotel, Centenial Plaza, Wilson, Fuentes, Hijas,
Napolcom, portion of de Leon, Iloilo Terminal Market, Rizal pala-pala, Rizal-Rima, Ibarra
and part of Ma. Clara in City Proper.

FEEDER NO. 23:

Portion of M. Locsin St., Portion of South San Jose, Southville and Saviour Hospital in
Molo District, Tabucan, San Rafael, Plazuela, ISA, Diversion Road (from Marina up to
INJAP Tower.)in Mandurriao District.
FEEDER NO. 24:
Fundidor Molo, Whole of Arevalo District, Avancea Street, portion of San Jose Street &
portion of Compania Street in Molo Distict.
Public Utilities Department - Olongapo
San Fernando Electric Light and Power Co., Inc.
Tarlac Electric, Inc.
The TARLAC I ELECTRIC COOPERATIVE, INC. OR TARELCO I was incorporated and
registered with the National Electrification Administration (NEA) on January 24, 1975 with
the distinction of the 65th priority project of the Rural Electrification Program pursuant to
PD 269 as amended by RA 1645.
TARELCO I availed from the NEA an initial loan of P7.35M to cover the cost of start up
capital.

The incorporators who served as interim Board are Sotero Bernal, Avelino Ferrer,
Galicano Gopez, Jr., Alfredo Cuchapin, Dominador Tabago, Martonino Marcos, Virgilio
Tenoso and Toribio Quiambao.
On June 1, 1975 TARELCO I had its actual operation and it was also on this date that the
former management of the Paniqui Electric Plant serving the towns of Paniqui, Gerona,
Moncada, Anao and Nampicuan, Nueva Ecija was taken over. The first energization took
place in Brgy. Ventinilla, Paniqui on July 15, 1975. Subsequently, other private electric
utilities were taken over in the succeeding years until TARELCO I's franchise area
ballooned to 15 municipalities comprising 421 barangays.
The first District Elections was held on May 12-31, 1977 while the first Annual General
Membership Assembly was held on July 2, 1977 at the Paniqui Sports Arena.
Mr. Ernesto R. Madriaga, Jr., then NEA personnel was the first General Manager of the
cooperative. Other GMs who served TARELCO I are the following: Mr. Estanislao G.
Lapena in 1977, Mr. Hernando A. Esguerra in 1978, Engr. Pedro R. Gonzales in 1979, Mr.
Manuel O. Viloria in 1980, Engr. Leodegardo M. Pruna in 1982, Mr. Eliseo P. Lagman in
1983, the coming back of Mr. Madriaga in 1985, Engr. Marcelo G. Tiglao in June 1988June 1990, Engr. Jose H. Seguban, Jr. in June 1990-January 1995, Ms. Leonida N.
Austria in February 1995-May 1998, Mr. Liberato R. Relator in June 1998-February 1999
and Engr. Resurreccion R. Coronel, a Professional Electrical Engineer in March 1999 up
to December 2010.
TARELCO I had a taste of both good and bad times in the past. In 1984, system loss was
38% while collection efficiency was only 83%. Typhoons Saling and Unsang wrought
havoc in our coverage area in the years 1985 and 1988 respectively. Also, coop facilities
at that time were limited, system loss was relatively high, collection efficiency was low,
and there were divisions and internal bickering between the employees, the management
and even the Board that is why the morale of the majority of the workforce is severely
affected. TARELCO I even experienced being disconnected by the NPC one time in 1985
aside from the strike staged by the employees against the Board and management.

In 1984, TARELCO I is supported by four (4) substations namely the NPC owned Carmen
10 MVA substation, the coop owned Paniqui 5 MVA substation, the NPC owned Camiling
5 MVA substation and the NPC owned Maliwalo 5 MVA substation. Total membership was
41,652; house connection was 39,088 and operating revenue was P32,515,717.00
In 1987, the cooperative's accounts payable to the NPC reached as huge as
P18,675,318.00 but the NEA's Relending Program bailed us out from such arrearages.
During this time, the coop's accounts receivables was only P8,623,176.00 that is why the
massive collection being undertaken did not give a significant boost to augment payment
to the NPC.
The year 1992 was highlighted by the addition of the 13 barangays of San Jose, Tarlac to
our coverage area and the installation of the coop owned Paniqui 10 MVA substation. In
1993, district elections were held in all 11 districts wherein the sanitation and updating of
membership was done with the aid of computers. Meanwhile in 1994, 2 area offices
namely the Moncada AO and the Sta. Ignacia AO were established and three new
vehicles were acquired.
On the other hand, 1995 was highlighted with the construction of the Regional Staging
Area Warehouse as storage of the WB-RERP materials which was inaugurated the
following year, the procurement of six brand new vehicles, the construction of an extended
office of the administration building and the launching of the Papremyo sa Resibo Raffle
Project.
In 1996, the construction and commissioning of a 5 MVA substation at the coop
headquarters was realized, three boom trucks and one line truck were acquired while the
coop's operating revenue increased from P150M in 1995 to P205M.
In the two succeeding years, there was a significant improvement in our operation.
System loss was reduced to an average level of 19.17% through the apprehension of
more than 200 pilferers of electricity, installation of capacitors, and upgrading of lines.
Through the Wood Pole Production Project and the procurement of a High Pressured Sap
Displacement

apparatus,

the

expansion/extension projects.

coop

treated

wooden

poles

for

secondary

line

On March 15, 1999, Engr. Resurreccion R. Coronel was installed as General Manager.
Numerous projects and major plans were undertaken where at the end of the year system
loss registered at 15.49% which was then within the SL cap of 16%. Operating revenue
was P346M while our net margin increased by 1%. To this, the coop attained B category.
The succeeding years were tough and busy as we entered the EPIRA era in 2001. A
gradual but sure transformation in the operation was achieved with the united effort of the
Board, management and the workforce through discipline, hard work and perseverance.
Regular right of way clearing, cluster metering, load balancing, continuous upgrading and
extension of lines, comprehensive training of personnel, installation of an automated
system facilities and acquisition of new vehicles, adoption of Core Values, Vision and
Mission were the major programs implemented.
Plans and activities were in harmony as the members of the TARELCO I Family took part
actively to attain the elusive dream of an excellent award from a good and better
performance.
In the year 2002, the Cluster Metering project was implemented. Because of religious
payment of monthly amortization, we received the Highest Amortization Award from the
NEA and at the same time the cooperative was category A.
In the year 2003, the electrification program in the barangay level was completed, the
RQIM system was installed, the Gerona 5 MVA substation was upgraded to 10 MVA,
apprehension of power pilferers was intensified the more, the Billboard Project for better
communication link with consumers was undertaken, more in-house training programs
were conducted, an increase in non-operating margin and accumulated income was
realized and SL was reduced to 13.01%. To this, for the second time, the coop received
the Highest Amortization Award and for the first time, TARELCO I attained a Category A+
status.
In the following years, planned activities to sustain the categorization of the cooperative
were carefully implemented. The Monday DISCO kept us aware of the development in the

EPIRA environment, Linemen trainings were conducted to strengthen the technical

workforce, IQ/EQ tests were given to employees, the AM/FM GIS was implemented, the
Wireless Wide Area Network (WANN) was installed thereby the pay anywhere scheme
was put in place, the coop owned Camiling 5 MVA substation was upgraded to 10 MVA,
the protection of the substations were likewise upgraded, the usual problems in collection
activities were eliminated, the coop buildings were renovated, a Cyber room was
constructed, coop facilities were improved, a Retirement Plan for employees was
established, the Corporate values were strengthened by adding 5 more virtues, regular inhouse trainings were conduted, the Coop Vision and Mission were revised, goals were set
and strategies were drawn-up, a 69 KV sub transmission line was constructed and a 5
MVA substation in Moncada was installed awaiting its energization and when done the
coop will have a total substation capacity of 50 MVA. As a result, since 2003 the
cooperative has consistently achieved the Category A+ status aside from the fact that
TARELCO I is classified as mega large EC. In 2006, we attained the single digit SL of
9.37% -- the first EC in Luzon with a single digit SL . As a result, our cooperative has the
lowest rate in Luzon. Likewise, a double award was given to TARELCO I, one during the
Lumens Award on April 27, 2007 in Subic, Zambales and the other one during the
goodwill visit of Sec. Francisco G. Silva and Administrator Edita S. Bueno to TARELCO I
on December 13, 2007. Three other major awards were also given - the Best EC of the
Year for Mega Large ECs, the GM of the Year (for ML ECs) and the Secretary Francisco
G. Silva Leadership Award for our GM.
The implementation of the EPIRA really hurt the operations of the electric cooperatives
because of the PPA refund, loan condonation and other regulatory requirements. But
because of continuous diligence in work, a replica of the previous year's major awards
were received in the Lumens award on April 25, 2008 in Cebu City. This time our SL was
further curbed to 9.25%
TARELCO I's meritorious performance has been the focus for benchmarking of ECs all
over the country that is why from time to time our sister cooperatives visit us to observe
our best practices. Aside from this, coop employees and Directors received benefits they
deserve while salaries are given on time.
Our organization has really gone so far to perform its mandate and role in the rural

electrification program. Moreover, we have leaders who contribute their time and talents to
the needs of the industry. GM Coronel is NAGMEC President and Director in the Grid
Management Committee (GMC) while TARELCO I President Francisco Diza is CLECA
President and Vice President for Luzon for the PHILRECA.
At present, with the total workforce of 309 warm bodies TARELCO I has 6 area offices, 6
substations with a total capacity of 50 MVA, and operating revenue is P697M as of
November 2008. To date, there are 55 vehicles in good running condition, 10 satellite
collection offices, 115,669 members, 122,118 connections, CE of 91% on the average and
100% on current to current method, and an average SL of 8.21% as of November 2008.
This is our cooperative's history. Let TARELCO I's ups and downs serve as an instrument
for unity and better performance to sustain its present status until one day it achieve the
Hall of Fame.

Visayan Electric Co., Inc

Visayan Electric Company, Inc. (VECO) is the second largest electric utility in the
Philippines. It serves the cities of Cebu, Mandaue, Talisay, Naga and four municipalities of
the greater part of Metro Cebu - Liloan, Consolacion, Minglanilla and San Fernando. Its
franchise service covers an area of about 674 km 2 with an estimated population of 1.73
million.
VECO utilizes various state-of-the-art technologies in its operations to improve its
efficiency and service. It uses a SCADA (Supervisory Control and Data Acquisition)
system to monitor and control its electric distribution assets via remote control. It also has
a GIS (Geographic Information System) to map and manage its facilities.
It has two full service centers equipped with Voice Over Internet Protocol (VoIP) telephone
system integrated with a Customer Relation Management System (CRMS). The first full
service center is located at SM City Cebu while the second one, intended to serve the
needs of customers in the southern part of the franchise area, is in Talisay City. VECO is
owned and managed by publicly-listed Aboitiz Power Corporation (PSE: AP) and Vivant
Corporation.

Approximately

800

individual

shareholders

comprise

the

VECO

shareholders' roster
Clark Electric Distribution Corporation
San Fernando Electric Light and Power Co., Inc.-Florida
Lima Utilities Corporation
First Bay Power Corporation
Retailers
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

Company
Aboitiz Energy Solutions, Inc
Adventenergy, Inc.
AES Philippines
Cabanatuan Electric Corporation
DirectPower Services, Inc.
Ecozone Power Management Inc
First Gen Energy Solutions Inc.
Global Energy Supply Corporation
Kratos Res, Inc.
Mpower
San Miguel Electric Corp
SN Aboitiz Power
TeaM Energy Corporation
Trans-Asia Oil and Energy Development
Corporation
Visayan Electric Company

Market Operator
1 Philippine Electricity Market Corporation (PEMC)
The PEMC Board is a 15-man body made up of representatives from each sector
of the electric power industry as well as independent members.

one (1) director representing the Market Operator

one (1) director representing the national Transmission Corporation (Transco)

four (4) directors who are nominated by the WESM members registered with
the Market Operator as distribution utilities, and further composed of two (2) Directors who are representatives of and are nominated by electric
cooperatives; and
two (2) Directors who are representatives of and are nominated by distribution
utilities that are not electric cooperatives
one (1) director who is a representative of and nominated by other WESM
customers, including but not limited to suppliers;
four (4) directors who are representatives of and nominated by the generation
sector
four (4) directors who are independent of the Philippine electric power industry
and are nominated by WESM members.

The Chairman of the PEMC Board is elected by the majority of all the members of
the Board from among the independent directors. In the interim period from the
incorporation of PEMC until the transition to the independent market operator (IMO),
the PEMC Board is chaired by the Secretary of the Department of Energy (DOE).
The DOE also appoints the member of the Board. After this interim period, the
Chairman will be elected from among the independent members of the Board, while
the members will be elected by the PEMC membership.
2 Wholesale Electricity Spot Market (WESM)
The establishment of the Wholesale Electricity Spot Market (WESM) is part of
the package of electric power industry reforms mandated in Republic Act No. 9136,
or the Electric Power Industry Reform Act of 2001, signed into law on 08 June 2001.
The Philippine Department of Energy (DOE) was mandated by law to establish the
Wholesale Electricity Spot Market (WESM) and, jointly with the electric power
industry participants, to formulate the detailed rules that will govern the conduct of
the WESM. The WESM Rules were promulgated on June 2002, a year after the
enactment of the EPIRA.
In November 2003, the Philippine Electricity Market Corporation (PEMC) was
incorporated as a non-stock, non-profit corporation, and was designated the
following year, in August 2004, to serve as the autonomous group market operator
(AGMO) that will undertake the preparations for and the initial operations of the
WESM. After several months of trial operations, the WESM commenced commercial
operations in the Luzon grid on 26 June 2006. Four years into the commercial
operations in Luzon, the Visayas grid was integrated into the WESM and
commenced commercial operations on 26 December 2010.

WESM Objectives
The objectives of the WESM are expressed in the WESM Rules. It is primarily to
establish a competitive, efficient, transparent and reliable market for electricity
where:

A level playing field exists among WESM Participants;

Trading of electricity is facilitated among WESM Participants within the
spot market;
Third parties are granted access to the power system in accordance with
the EPIRA;
Prices are governed as far as practicable by commercial and market
forces; and
Efficiency is encouraged
Independent System Operator

Transmission Companies (TransCo)

The National Transmission Corporation (TransCo) is a government agency
created under Republic Act No. 9136, otherwise known as the Electric Power
Industry Reform Act (EPIRA) of 2001.

Since March 1, 2003, TransCo operated and managed the power transmission
system that links power plants to the electric distribution utilities nationwide. The
same law mandated the privatization of TransCo through an outright sale or
management concession agreement.
Following a public bidding conducted in December 2007, the TransCo
concession was awarded to the National Grid Corporation of the Philippines (NGCP),
which eventually secured a congressional franchise to operate the transmission
network through Republic Act No. 9511.
On January 15, 2009, TransCo turned over the management and operation of
its nationwide transmission system to NGCP. Ownership of all transmission assets
however, remains with TransCo.
As owner of the transmission assets, the new TransCo is mandated with five
key responsibilities:

Protect national governments interests by ensuring NGCPs compliance with the

terms and conditions of the Concession Agreement and the policies of the
Department of Energy;
1. Handle all existing cases, including right-of-way and claims which accrued
prior to the turnover date;
2. Divest remaining sub-transmission assets to technically and financially
qualified electric distributors nationwide; and
3. Undertake the operation, maintenance, consultancy and other technical
services for the Philippine Economic Zone Authority (PEZA).
4. Administer the Feed-in-Tariff Allowance Fund for renewable energy
generators.
Regulator
Small Consumer
Large Consumer