ELECTRIC COST TO GO UP DUE TO EMERGENCY MEASURES—NOYNOY
Power crisis to remain unabated—Palace
By Rocky Nazareno and Charlie V. Manalo 03/24/2012Malacañang yesterday conceded that the power crisis in Mindanao will remain unabated until 2013 even as it assured the region that it is already fast-tracking efforts to increase base load capacity by contracting more power barges and building coal-fired power plants.
The Mindanao power crisis has been going on for weeks on end, and it is only now that President Aquino claims to be addressing it, but also already telling the nation it must tighten its belt some more, as emergency measures to temporary resolve the power crisis will raise the cost of electricity.
For many Mindanaoans, the power shortage is artificial, and that an energy crisis has been created through these long blackouts, in order for Malacañang to create an emergency situation where it can then justify the imposition of emergency measures that would call for the contracting of power barges, which would lead to overpriced purchases and graft-ridden contracts..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/headlines/20120324hea1.html
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