NAPOCOR TO THE RESCUE - National Power Corporation and Albay Electric Cooperative, Inc., officials sign the memorandum of agreement for the one-year operation and management by the NAPOCOR of the ailing electric cooperative saddled by P1.6 billion debt. Held at the PDCC Conference Hall, Albay Provincial Capitol Extension on July 17. The signatories in included from right Alexander P. Japon, NPC Senior Department Manager; Cyril C. Del Callar, NPC President; Atty Rodolfo B. Bonafe, Jr, ALECO Chairman and president; Pablo Pan, Jr. and Engr. Samson M. Madrideo, ALECO acting manager, while Albay Gov. Joey Salceda and other Aleco, NPC, Transco officials witness the ceremony. (Alex Cal/PIA) |
