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Philippine Province News - Napocor: VAT helps keep power plants on small islands running

Started by MikeLigalig.com, January 13, 2012, 08:00:06 AM

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January 13, 2012, 08:00:06 AM
Napocor: VAT helps keep power plants on small islands running

Reimbursements for value added taxes (VAT) the National Power Corp. (NPC) paid—some P3.8 billion—have been earmarked to keep power plants running on some of the country’s islands that are outside the major power grids, including Catanduanes, Masbate, Mindoro and Palawan.

Source: Napocor: VAT helps keep power plants on small islands running

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