Author Topic: Electric Power Crisis Act of 2012 of the Philippines  (Read 494 times)

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Electric Power Crisis Act of 2012 of the Philippines
« on: March 29, 2012, 08:37:13 PM »
By Maila Ager
INQUIRER.net

A bill granting emergency powers to President Benigno Aquino III to address the energy shortage in Mindanao has been filed in the Senate.
Senate Bill No. 3167 known as the “Electric Power Crisis Act of 2012″ was filed Wednesday by Senator Antonio “Sonny” Trillanes IV.

Under the proposed legislation, the President may enter into negotiated contracts for the construction, rehabilitation, improvement or maintenance of power plants, projects, and facilities.

“Out of abundance of caution, however, this measure expressly prohibits the government from granting sovereign guarantee for the payment of obligations incurred by the independent power producers (IPPs),” Trillanes said in a statement on Thursday.

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