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PIA Press Release
2009/06/29

Tagalog News: Amlan hydroelectric power plant pagmamay-ari na ng ICS Renewables

Manila (29 June) -- Pormal ng ibinigay ng Power Sector Assets and Liabilities Management Corporation (PSALM) ang 0.8 megawatt (MW) Amlan Hydroelectric Power Plant sa bagong may-ari nito, ang ICS Renewables Inc.

Ito'y matapos malagdaan sa pagitan nina PSALM President at CEO Jose C. Ibazeta at ICS Renewables President Juan Eugenio L. Roxas ang Joint Certificate of Turnover and the Deed of Absolute Sale upang ma-formalize ang privatization ng power facility na matatagpuan sa Sitio Pasalan, Barangay. Silab, Amlan, Negros Oriental.

Tumanggap din ang PSALM ng mahigit $230,000 bilang full payment ng Amlan power plant mula sa ICS Renewables. Ang nasabing halaga ang katumbas ng nanalong offer ng Filipino-owned company para sa Visayas-based hydropower facility sa bidding na isinagawa ng PSALM noong Disyembre ng nakaraang taon na lumampas naman sa itinakdang presyo ng PSALM Board para sa generating asset.

Ang Amlan power plant ang pinaka-unang power facility na itatayo sa Negros Oriental. Ito ay itatayo bilang "base-load plant" na magbibigay ng sapat na power supply sa bayan ng Amlan at sa mga kalapit lugar nito. (Abbenal/PIA 12) [top]

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