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AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights.

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Presentation on theme: "AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights."— Presentation transcript:

1 AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

2 ! BAZETA BA KAMI SA MINDANAO !! Personal Message Electricity is not a commodity

3 Agus 1 Agus 4 Agus 5 Agus 2 Agus 6 Agus 7 IDPP Lake Lanao Iligan Bay PB-118 PB-104 Pulangi IV WMPC MGPP DAVAO CITY ZAMBOANGA SPPC COTABATO PB-117 AGUSAN DEL NORTE Mindanao (STEAG) Coal Fired Power Plant NPC-MINGEN REGIONAL OFFICE MARAMAG, BUKIDNON DAVAO PROVINCE LOCATION OF POWER PLANTS MINDANAO WIDE Agus / Pulangi is a National Patrimony Lake Lanao a Maranao Identity Ancestral Domain

4 LAKE LANAO LAKE LANAO Ponage Area of Agus 4 HE Plant Constructed during the Marcos Regime

5 AGUS AND PULANGI HYDRO PLANTS  AGUS 1  AGUS 2  AGUS 4  AGUS 5  AGUS 6  AGUS 7  PULANGI PLANT S Contributes 55 % of the Mindanao Power Requirement All Plants are ISO Certified Manned by Competent Managers and Employees Multi-awarded Hydro Plants Integrated Water Management and Dispatching One ECC and EMP Conditionalities Compliances TECHNICAL CHARACTERISTICS OF

6 ACTUAL ENERGY SALES OF AGUS AND PULANGI HYDRO PLANTS in (kwh)  AGUS 1 256,942,662 252,009,842 116,517,261  AGUS 2 582,921,575 657,562,989 267,871,580  AGUS 4 685,856,696 694,886,598 294,423,634  AGUS 5 238,752.647 315,528,548 123,212,259  AGUS 6 931,673,794 1,033,450,683 373,441,707  AGUS 7 185,059,485 280,482,221 90,204,599  PULANGI 885,214,883 910,238,656 318,143,797 PLANT 2007 2008 2009 OPERATIONAL CHARACTERISTICS

7 AGUS AND PULANGI HYDRO PLANTS Revenue Results of Operation  AGUS 1 P344,657,000.00  AGUS 2949,529,000.00  AGUS 4920,382,000.00  AGUS 5415,634,000.00  AGUS 6 1,275,422,000.00  AGUS 7 281,315,000.00  PULANGI 1,199,674,000.00 For the period January to July 2009 TOTAL P 5,386,613,000.00 RORB % 7.55 % 56.34 % 27.52 % 34.98 % 1,332.64 % 32.96 % 46.20 % FINANCIAL CHARACTERISTICS GOCC : 12% RORB

8 Generation/Production Cost of Agus Plants (Average)  2007 =0.62 (P /kwhr)  2008 =0.43(P /kwhr) Average Mindanao Grid Rate = 2.71 (P /kwh)

9 EPIRA R.A. 9136

10 EPIRA - Section 47 (f) Privatization of Agus and Pulangi complex by 2011: The Agus and Pulangi complexes in Mindanao shall be excluded from among the generation companies that will be initially privatized….. The privatization of Agus and Pulangi complexes shall be left to the discretion of PSALM Corporation in consultation with Congress;

11 Rule23, Section 9 EPIRA IRR The Agus and Pulangi complexes shall be managed and operated by NPC for PSALM as a separate business unit, and shall have its own organization and book of accounts. 70% Sale of Assets70% Sale of Assets Silent Invasion and Sucking of Financial Resources by PSALMSilent Invasion and Sucking of Financial Resources by PSALM OMAOMA

12 Rule23, Section 5 EPIRA IRR The Privatization plan for NPC assets shall contain, among others, the following principal elements: a) xxx b) Employees Issues TALOMO MASSACRE! ++ TALOMO MASSACRE! ++

13 Privatization as an Economic Policy and strategy is OBSOLETE…

14 People of Mindanao is Opposing the Privatization of Agus and Pulangi Complexes. Instead: Extension of the Moratorium for another 10 years OR MINDANAO POWER CORPORATION

15 Actions Taken Collaborations LGUs Iligan City, Lanao del sur, Lanao Del Norte, Davao, Bukidnon, etc. NGOs/POs NAPOCOF, Freedom from Debt Coalition, ALNI, APEC, Tribal Groups Business Sector Iligan Chamber of Commerce, Mindanao Business Council

16 Wish List  For ALNI, APEC ILO, and other well- meaning organizations to facilitate this Advocacy For ADB and other IFIs to revisit their For ADB and other IFIs to revisit their Investment Policies in Mindanao Investment Policies in Mindanao For PSALM to hear and discern this For PSALM to hear and discern this Legitimate and Noble Advocacy Legitimate and Noble Advocacy

17 MABUHAY ANG MINDANAO!!!


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