Search results
Results from the WOW.Com Content Network
The National Transmission Corporation (Filipino: Pambansang Korporasyon sa Transmisyon, also known as TransCo) is a Philippine government-owned and controlled corporation established in June 26, 2001 by the Electric Power Industry Reform Act (Republic Act 9136) and a corporate entity wholly owned by the Power Sector Assets and Liabilities Management (PSALM).
On June 8, 2001, President Gloria Macapagal Arroyo signed RA 9136 (Electric Power Industry Reform Act), which introduced market competition in the energy sector and mandated the creation of National Transmission Corporation (TransCo) 18 days after the law was approved on June 26, 2001.
Due to the implementation of Electric Power Industry Reform Act (EPIRA) or Republic Act 9136 one year and nine months earlier on June 8, 2001 signed by President Gloria Macapagal Arroyo which resulted in the creation of another government-owned corporation National Transmission Corporation (TransCo) 18 days after the law was approved on June 26 ...
Its function is to regulate and maintain power service in the country. It was established and created on June 8, 2001, following the enactment of Republic Act No. 9136, or the Electric Power Industry Reform Act of 2001 (EPIRA). [1] [2]
Manage and operate the market for the wholesale purchase of electricity and ancillary services in the Philippines (the Wholesale Electricity Spot Market) and engage in services related to the same, in accordance with Republic Act No. 9136 including its implementing rules and regulations, the rules promulgated to govern the operations of the ...
The Philippine government has passed four laws that seek to improve the state of renewable energy. These are the Electric Power Industry Reform Act of 2001 (RA 9136); the Biofuel Act of 2006 (RA 9367); the Renewable Energy Act of 2008 (RA 9513); and the Climate Change Act of 2009 (RA 9729).
He also authored landmark bills like The Electric Power Crisis Act (RA 7648) and The Build-to-Operate Act (RA 7718). [3] Osmeña authored the law that created the Department of Energy. [3] Four bills were incorporated in Republic Act 9136 or otherwise known as The Electric Power Industry Reform Act of 2000:
Under the Electric Power Industry Reform Act of 2001 (Republic Act No. 9136), the Magat hydroelectric power plant underwent a privatization process. As a result, the plant's ownership and operation was turned over to SN Aboitiz Power-Magat, Inc. (SNAP-Magat), a joint venture of a local company, Aboitiz Power Corporation (AP), and a Norwegian ...