Mindanao Daily NEWS BUSINESS . ECONOMY . CORPORATE . BANKING Your Mindanao-wide Business Newspaper
Volume III, No. 134 131
Clean, sustainable energy in Mindanao sought By Jasper Marie Oblina-Rucat
of PIA-10
CAGAYAN de Oro City The Department of Energy (DOE), Mindanao Development Authority (MinDA), and the Association of Mindanao Rural Electric Cooperatives, Incorporated (AMRECO) put together a one-stop facilitation to fast track the process of monitoring and approval of Renewable Energy (RE) projects particularly hydropower projects. Romeo Montenegro, Director for Investment Promotion and Public Affairs Office of Mindanao Development Authority (MinDA), said during the press conference of the 3rd Mindanao Congress of the Advocates for Renewable Energy and Rural Electrification and Development (MinCARED) on October 29 in Cagayan de Oro City, that they have created the Mindanao Power Monitoring Committee to make sure RE projects in Mindanao will be fast tracked. He said that there are many challenges concerning (RE) projects applications and RE technologies. Location for a diesel or coal plant is easy meanwhile RE is site specific which requires approval of various government agencies like the Indigenous Peoples (IPs) and consideration of land use, among others. The approval of RE projects is five years, but the committee intends to shorten it to two, Montenegro said. Right now, the committee is looking into 157 RE projects that they intend to fast track. Once these projects get approved, a combined 1,700 megawatt of clean and sustainable energy will be incorporated in the Mindanao grid. He said that today we are enjoying 60% renewable, 40% fossil however if we don’t do anything with the one stop for approval of 157 RE projects, then we are looking at 70% 30% reversal of energy mix by 2018 in favor of fossil. Montenegro explained that the problem with fossil is first the impact to the environment. Second, is that it is 100% imported thus subject to foreign ex-
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DOLE tells 50 firms: Be labor-compliant Editor : Cheng Ordoñez
|Tuesday Thursday
See story on Page November October 4, 30, 2014 2014 B112
M
ALAYBALAY City - The Bukidnon Provincial Office of the Department of Labor and Employment, Regional Office No. X (DOLE-X) held a Joint Assessment (JA) with 50 different-sectored establishments from cities of Malaybalay and Valencia on October 22, 2014 at Sugar Workers Learning Training Center (SWLTC), Malaybalay City.
PUERTO HEALTH CENTER NOW OFFERS FREE BIRTH DELIVERY SERVICES - Cagayan de Oro City Mayor
Oscar Moreno (second sitting right) on Friday, October 31, 2014 led the launching ceremony of the Maternity Care Package (MCP) in Puerto barangay health center, making the center as ‘maternal care provider’ that offers free birth delivery services (normal cases) to all pregnant women who are Philhealth members. (Photo Supplied)
change fluctuation, market volatility. If prices for coal or diesel go up, then prices for electricity also go up. Unlike water, sun or biomass that is abundant here that we have not harnessed yet. Although they are looking at more fossil based technology in the energy mix onwards to 2018, the desire for Mindanao has always been a balance of RE as well as fossil for base load, Montenegro stressed. However, he said that even though the desire is balance energy mix, RE will still be given priority dispatch. According to RE Act of 2008, RE technology will be given premium, must be a priority dispatch, over all other technologies. RE technology will be used first. RE Act of 2008 has a Green energy option where there should be a policy already implemented that will mandate industries, companies and even the government to take the green energy option. He said that the national renewable energy board of DOE is putting together Re-
newable Portfolio Standard (RPS) which will be implemented soon. RPS once implemented will mandate distribution utilities to get part of their sources from RE, not purely fossil or fuel then to invite all other industries to really tap RE sources. Prices of Electricity According to Sergio Dagooc, AMRECO President, distribution utilities are regulated. Distribution utilities such as the Cagayan Electric and Light Power C ompany (CEPALCO) or Misamis Oriental Rural Electric Cooperative (MORESCO) cannot charge any single centavo without the approval of the Energy Regulatory Commission (ERC). He said that any increment or reduction of power rate will be done through public hearing. So even if these utilities want to reduce power rate, they cannot under the law. In terms of which is cheaper, Dagooc said that an electric cooperative under Presidential Decree (PD) 269 as amended by PD
1645 and amended again by Republic Act RA 10531 is a non-stock, non-profit electric distribution utility whose mandate is total electrification in the countryside on an area coverage basis. Further, the capitalization to start the cooperative is from the government through the National Electrification Administration (NEA). He said that compared to an electric corporation, members of the electric cooperative can choose their leaders. He said that electric coops hold a general assembly every year to elect or file complaint against the board. However, he said that they are all private but supervised by NEA. Power readiness in ASEAN integration According to Romeo Montenegro of MinDa, it’s not entirely correct that the Philippines is the most expensive per se because neighboring countries like Indonesia, Malaysia, and others are subsidized. Electric rates are subsidized because they are oil
producing countries. Indonesia is a coal producing country and therefore their electricity is subsidized. Brunei is an oil producing country. Many of those countries in the ASEAN have those resources to be able to have subsidized electricity rates, he said. Montenegro said the power sector is business driven; thus government does not have any hold because it was dictated under EPIRA RA 9136. On June 8, 2001, President Gloria Macapagal-Arroyo signed into law Republic Act 9136, or the Electric Power Industry Reform Act of 2001. Among other benefits, RA 9136 is designed to bring down electricity rates and to improve the delivery of power supply to end-users by encouraging greater competition and efficiency in the electricity industry. The essence of these reforms is giving stakeholders a choice. However, right now there are many amendments proposed for EPIRA, which targets to bring down the cost of electricity.
JA, previously Routine Inspection, is part of the processes under the Labor Law Compliance System or the LLCS. It is an integrated framework of voluntary compliance and enforcement of labor laws and social legislations issued pursuant to the rule-making, visitation and enforcement of DOLE. The table joint assessment aims to fast track the inspection of the establishments in the area. LLCS includes the scope on General Labor Standards (GLS), Occupational Safety and Health (OSH), and child labor matters. Presumed compliant, the assessed establishment will be issued a Certificate of Compliance by the Regional Director. It will not be assessed for two years until and unless provoked with reasonable expense. Together with the Regional Labor Laws Compliance Officers (LLCO), Attheneus Vasallo, Chief of the DOLE-X Technical Support and Services Division, led the table joint-assessment along with the establishments who has been invited by the LLCO for compliance. S ome 50 est ablishments participated the JA and pledged to comply all the enumerated violations in each assessment. They were given ample time to correct those violations and was given formats to policies their establishment must implement. (Reyna L. Tagailo/DOLE-Bukidnon)
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Application
15.7. Share in Minimum Load Requirement. In all Intervals as provided under the ESA, ANECO shall nominate no less than the Share in Minimum Load Requirement of Four Hundred(400)kW} subject to the conditions under the ESA in case the aggregate nominated energy of all customers of TSI is less than the Minimum Load Requirement due to Force Majeure event affecting one or more customers. 15.8. Contract Price. ANECO shall pay the Contract Price which consists of variable and fixed charges, subject to annual adjustments. The Contract Price to be paid by ANECO will depend on whether the power is delivered before commercial operation date or beginning on commercial operation date. The formula for computing these Monthly Electricity Fees are computed under the ESA based on the following formula:
Republic of the Philippines ENERGY REGULATORY COMMISSION Pacific Center Building San Miguel Avenue, Ortigas Center, Pasig City IN THE MATTER OF THE APPLICATION FOR APPROVAL OF THE ENERGY SUPPLY AGREEMENT BETWEEN AGUSAN DEL NORTE ELECTRIC COOPERATIVE, INC. AND THERMA SOUTH, INC.,
ERC CASE NO.2014-_______ RC
AGUSAN DEL NORTE ELECTRIC COOPERATIVE, INC. and THERMA SOUTH, INC., Applicants. x------------------------------------------------------------------------------x APPLICATION FOR THE APPROVAL OF ENERGY SUPPLY AGREEMENT WITH MOTION FOR CONFIDENTIAL TREATMENT OF INFORMATION Applicants AGUSAN DEL NORTE ELECTRIC COOPERATIVE, INC. (“ANECO”) and THERMA SOUTH, INC. (“TSI”) (jointly, the “Applicants”) by respective counsel, respectfully state: THE APPLICANTS 1. ANECO is a non-stock, non-profit electric cooperative duly organized and existing under and by virtue of Presidential Decree No. 269, as amended, otherwise known as the National Electrification Administration Decree, with principal office at Km. 2 J.C. Aquino Avenue, Butuan City, Agusan del Norte, Philippines. It was granted a franchise by the National Electrification Commission to operate an electric light and power distribution system in the province of Agusan del Norte, particularly in the Cities of Butuan and Cabadbaran and the municipalities of Carmen, Kitcharao, Nasipit, Buenavista, Tubay, Las Nieves, Santiago, Jabonga, Magallanes and R.T. Romualdez (the “Franchise Area”). Copies of ANECO’s Certificate of Franchise, Certificate of Registration, and Articles of Incorporation are attached as Annexes “A”, “B” and “C,” respectively. 2. TSI is a generation company duly organized and existing under and by virtue of the laws of the Republic of the Philippines, with principal office address at Brgy. Binugao, Tori! District, Davao City which will build, own and operate a 300MW coal-fired power plant on a site straddling the boundary of Davao City and municipality of Sta. Cruz, Davao del Sur (“TSI Power Plant”). Copies of TSI’s Securities and Exchange Commission Certificate of Registration, Articles of Incorporation, General Information Sheet, Audited Financial Statements and Board of Investments Certificate of Registration for the TSI Power Plant are attached hereto as Annexes “D”, “E”, “F”, “G” and “H”, respectively. 3. TSI is joining ANECO as co-applicant in this case in order to assist ANECO in securing approval of the terms and conditions of the Energy Supply Agreement (“ESA”) executed by and between ANECO and TSI, a copy of which is attached as Annex “I.” 4. The Applicants may be served with pleadings, papers, notices and other processes of this Honorable Commission through their respective counsels at the addresses indicated below. NATURE OF THE APPLICATION 5. Pursuant to Rule 20 (B)of the Energy Regulatory Commission’s Rules of Practice and Procedure (“ERC Rules”), and other pertinent rules and regulations, this Application is being submitted to this Honorable Commission for its due consideration and approval of the ESA. STATEMENT OF THE FACTS 6. ANECO currently sources the bulk of its electricity requirements from the Power Sector Assets & Liabilities Management Corporation (“PSALM”) and the remainder from other suppliers. 6.1. In January 2013, ANECO executed a new Contract for the Supply of Electric Energy (“CSEE”) with PSALM for the supply of electric energy for a period of four (4) years from 26 December 2012 until 25 December 2016, or one (1) year after the Department of Energy’s (“DOE”) declaration of open access in Mindanao, whichever comes first.1 6.2. However, in a certification dated 16 November 2012, PSALM confirmed that it has insufficient capacity to supply the additional power requirements of the Mindanao distribution utilities beyond the contracted energy and equivalent demand in its existing CSEEs. A copy of the PSALM certification is attached as Annex “J”. 6.3. Details of ANECO’s other supply contracts are summarized in the table below: SUPPLIER NPC/PSALM Sarangani Energy Corporation PSAGCOR-GNPower Lake Mainit Hydro-APC FDCUI-MPC AGEC Infinity Phils., Inc. Modular Genset Therma Marine, Inc. Mapalad Power Corp.
CONTRACT CAPACITY (MW) 22.93 10 24.25 25 12 8 7.5 10 15 15
TERM (YEARS) 4 25 25 25 25 25 25 15 3 3
INDICATIVE COMMENCEMENT DATE Existing 2016 2018 2016 2017 2018 2015 2015 Existing Existing
A comparative data of ANECO’s supply contracts is provided in Annex “K” hereof. 7. It is expected that the energy requirements of ANECO’s customers will significantly increase in the next few years as demonstrated by ANECO’s Actual and Forecasted Load Data and Distribution Development Plan, copies of which are attached as Annexes “L” and “M”, respectively. 8. The expiration of the PSALM CSEE in 2016as well as the projected increase in the energy requirements of ANECO’s customers will result in a shortage of the energy available to ANECO and its customers. 9. There exists a region-wide power supply deficiency problem in Mindanao resulting in frequent brownouts and power interruptions. Moreover, Mindanao is heavily dependent on hydroelectric power;2 thus, during the onset of the summer months and the occurrence of the El Nino phenomenon during certain years, the supply of power in Mindanao is further and drastically reduced. The current power crisis in Mindanao underscores the need for ANECO to enter into a bilateral agreement with generation companies for the stable supply of electricity to its customers. 10. In 2012, TSI conducted a series of road shows to market the capacities of the TSI Power Plant. At the road shows, TSI declared its intention to supply energy in Mindanao by entering into bilateral agreements with interested distribution utilities and make available the 300MW capacity of the TSI Power Plant. 11. Sometime after the road shows, ANECO commenced negotiations with TSI for the execution of the ESA.ANECO evaluated various proposals received from several suppliers based on an evaluation framework, which includes technology, annual production, capacity factor, term and fees as part of the criteria, and determined that TSI’s proposal provides more favourable terms to ANECO. 12. On 15August2014, ANECO and TSI signed and executed the ESA subject of the instant Application. A copy of the Board Resolution attesting to the authority of ANECO to enter into the ESA with TSI is attached as Annex “N”.
A. BEGINNING ON COMMERCIAL OPERATION DATE: Monthly Electricity Fees = Fixed Feesmonth + Variable Feesmonth + Back up Power Charges + Replacement Power Charges + Start up Charges + Other Taxes and Charges All computations on payments to Supplier shall not be rounded off, except for the final PHP amount, which shall be rounded off to the nearest Philippine centavo. The Monthly Electricity Fees shall be subject to the applicable value-added tax. Fixed Feesmonth = CRFmonth + FOMmonth Variable Feesmonth = VOMmonth + Fuelmonth I. CRFmonth The Customer shall pay the Supplier the Monthly Capital Recovery Fee (CRFmonth) for the current Billing Period in accordance with the following formula:
Where: CC CRF FXo FXCRF Adj
13. In order to supply power to ANECO under the ESA, TSI shall construct, own, operate, manage and maintain the TSI Power Plant. The Commercial Operation Date of the power plant is expected to be in 2015. 14. Executive Summary. The Contract Capacity to be made available by TSI to ANECO is fixed on a monthly basis equivalent to One Thousand kilowatts (1,000 kW) and to be delivered in accordance with the Contract Energy Schedule which is fixed on a daily and hourly basis. TSI shall exert best efforts to source replacement or alternative supply replacement power during scheduled and unscheduled outages to supply all or part of the Contract Energy. On the other hand, when ANECO is unable to take the Contract Energy or a portion thereof for reasons other than Force Majeure and there is no WESM in Mindanao, ANECO may request TSI to make available to third parties all or a certain portion of the Contract Energy (“Available Contract Energy”), at such intervals specified by ANECO, subject to the payment of a Marketing Fee of Php0.02/kWh of the Available Contract Energy and the corresponding reduction in ANECO’s Contract Capacity. 15. Salient Features of the ESA. The ESA between ANECO and TSI contains the following salient terms and conditions: 15.1. Term. The ESA has a term or contract period commencing from the Effective Date until twenty-five (25) years after the Operations Effective Date. Operations Effective Date refers to the date of the commencement of TSI’s obligation to deliver to ANECO, and for ANECO, to purchase, Contract Capacity and Contract Energy, provided the following conditions are satisfied:(a) Commercial Operation Date has occurred; (b) receipt by TSi of the Security Deposit required to be posted by ANECO in accordance with Article 9.2.1 of the ESA; (c) receipt by TSI of the ERC Final Approval of the ESA no later than one (1) year after Effective Date; (d) receipt by TSi of the full payment for the Commissioning Energy Charge due and payable as of Operations Effective Date; (e) accession by ANECO to the applicable Dispatch protocol or procedure implemented between the System Operator and TSI; and (f) the representations and warranties of ANECO shall be true and correct in all material respects on and as of the Operations Effective Date.3 15.2. Contract Energy. TSI shall make available and ANECO shall receive Contract Energy at the Delivery Point4 specified under the ESA. On the other hand, to make available for delivery, Contract Energy shall be based on the Contract Energy Schedule attached to the ESA.5 15.3. The Contract Capacity and/or Contract Energy in respect of a particular Billing Period may be adjusted either by (a) TSI submitting an offer to ANECO to increase the same, subject to ANECO’s acceptance or refusal, or (b) ANECO requesting an increase in the Contract Capacity and/or Contract Energy, subject to TSI’s approval. In both instances, ANECO or TSI, as the case may be, must send a written notice 30 days before the date the intended increase is to take effect. 15.4. At any time during the Contract Period, ANECO may also send a written request to TSI to increase the Contract Capacity and/or Contract Energy, no later than 60 days prior to the effectivity of the proposed increase, subject to TSI’s approval, to be paid by ANECO at the Contract Price. 15.5. Any proposed adjustments (increase/decrease) to the Contract Capacity and/or Contract Energy which is intended to apply to the succeeding contract year shall be sent by ANECO in writing to TSI no later than 60 days prior to each anniversary of the Operations Effective Date, subject to TSI’s approval. In case of an increase, the additional Contract Capacity and Contract Energy shall be paid for by ANECO at the Contract Price, while a decrease shall cause ANECO to compensate TSI in the amount of the Buy-Out Charge, computed as follows:
II. FOMmonth The Customer shall pay the Supplier the Monthly Fixed Operations & Maintenance fees (FOMmonth) for the current Billing Period in accordance with the following formula:
Where: CC = Contract Capacity in kW as indicated in Table 1 of Schedule 7.1 of the ESA FORM = Fixed Operations and Maintenance Fee in Php/kW-month as indicated in Table 1 of Schedule 7.1 of the ESA FXo = the base PHP/USD exchange rate as indicated in Table 1 of Schedule 7.1 of the ESA USCPIo = the base US Consumer Price Index (Base year =1982-84) - Ail Items as indicated in Table 1 of Schedule 7.1 of the ESA RPCPIo = the base Philippine Consumer Price Index for All Income Households in the Philippines - All Items (2006=100) as indicated in Table 1 of Schedule 7.1 of the ESA FXm = the PHP/USD exchange rate as published in the Bangko Sentral ng Pilipinas website on the 25th day of the calendar month; provided that if such day falls on a non-Business Day, the PHP/USD exchange rate on the immediately preceding Business Day shall be used. USCPIm = the US Consumer Price Index (Base year =1982-84) - All Items published as of the current Billing Period for which the Invoice is being prepared RPCPIm = the Philippine Consumer Price Index for All Income Households in the Philippines - All Items (2006=100) published as of the current Billing Period for which the Invoice is being prepared Adj = availability adjustment in accordance with the following formula:
ACCij = available CC for interval /’ and day j, where n is the number of days per Billing Period and Infis the number of Intervals per day. III. VOMmonth The Customer shall pay the Supplier the Monthly Variable Operations & Maintenance fees (VOMmonth) for the current Billing Period in accordance with the following formula:
Where: VOM = Variable Operations and Maintenance Fee in Php/kWh as indicated in Table 1 of Schedule 7.1 of the ESA FXo = the base PHP/USD exchange rate as indicated in Table 1 of Schedule 7.1 of the ESA USCPIo = the base US Consumer Price Index (Base year =1982-84) -All Items as indicated in Table 1 of Schedule 7.1 of the ESA RPCPlo = the base Philippine Consumer Price Index for All Income Households in the Philippines - All Items (2006=100) as indicated in Table 1 of Schedule 7.1 of the ESA FXm = the PHP/USD exchange rate as published in the Bangko Sentral ng Pilipinas website on the 25th day of the calendar month; provided that if such day falls on a non-Business Day, the PHP/USD exchange rate on the immediately preceding Business Day shall be used. USCPIm = the US Consumer Price Index (Base year =1982-84) - All Items published as of the current Billing Period for which the Invoice is being prepared RPCPIm = the Philippine Consumer Price Index for AN Income Households in the Philippines - All Items (2006=100) published as of the current Billing Period for which the Invoice is being prepared TED = Total Energy Delivered to the Customer by the Supplier in kWh during the current Billing Period IV. Fuelmonth The Customer shall pay the Supplier the Monthly Fuel fees (Fuelmonth) for the current Billing Period in accordance with the following formula:
Where:
Fuel Costs = ACV = Average calorific value, net as-received, of coal in kcal/kg used in the current Billing Period Freight costs = actual transport costs in USD/MT which include but not limited to port charges, fuel, insurance, wharfage fees, excise tax, handling, customs brokerage fees, customs duties, stevedores and arrastre costs, tuggage costs, survey fee, towage, pilotage, light dues, mooring and unmooring, berthing and deberthing, and tonnage dues and sundries on the coal used during the current Billing Period. Freight costs shall include all other existing and future taxes, fees, imposts and other charges that may be imposed on the transport of coal. FXm Nm
TED V.
= the PHP/USD exchange rate as published in the Bangko Sentral ng Pilipinas website on the 25th day of the calendar month; provided that if such day falls on a non-Business Day, the PHP/USD exchange rate on the immediately preceding Business Day shall be used. = the average Newcastle Index (USD/MT) one month prior to the Billing Period for which the Invoice is being prepared, as posted by global COAL on the website www.globaIcoal.com or its successor or, if global COAL ceases to report the Newcastle Index, an agreed upon replacement source that reports the Newcastle Index shall be adopted by the Parties CR consumption rate at 0.7 kg/kWh, escalated at 1% annually = Total Energy Delivered to the Customer by the Supplier in kWh during the current Billing Period
Back up Power Charges = the actual costs in Php for securing Back-up Power including all incidental costs, fees and taxes attendant to the purchase of Back-up Power by Supplier.
VI. Replacement Power Charges = the actual costs in Php for securing Replacement Power including all incidental costs, fees and taxes attendant to the purchase of Replacement Power by Supplier. VII. Start up Charges The cost for starting up each unit of the Power Plant after a period of shutdown due to Scheduled or Unscheduled Outages attributable to the Supplier shall be for the account of the Supplier. On the other hand, the cost for starting up each unit of the Power Plant after a period of shutdown due to any other reason shall be for the account of the Customer and shall be charged in accordance with the following formula: COLD START UP (where plant downtime is beyond 8 hours)
WARM START UP (where plant start up occurs after less than 8 hours of downtime)
Where: Dom CC TCC
= the actual price of diesel oil in Php/liter as billed by the supplier of diesel oil applicable for the Billing Period for which the Invoice is being prepared = Contract Capacity in kW as indicated in Table 1 of Schedule 7.1 of the ESA = Total contracted capacity in kW of the Supplier
Contract Capacity in kW as indicated in Table 1 of Schedule 7.1 the reduced contract capacity in kW Capital Recovery Fee in Php/kW-month as indicated in Table 1 of Schedule 7.1 the base PHP/USD exchange rate as indicated in Table 1 of Schedule 7.1 the weighted average PHP/USD exchange rate over the construction period as calculated in accordance with Table 2 of Schedule 7.1 = the number of Billing Periods in the remaining Contract Period
In the event that revisions are made on the above indices, including any shift made in the base year and other adjustments to such index made by the relevant authorized entity, its successor-in-interest, there shall be a corresponding change in the base index such that the use of the revised index will yield the equivalent values as the use of the original base index.
If no agreement in writing is reached by the anniversary of the Operations Effective Date, the prevailing Contract Capacity and/or Contract Energy shall continue to apply. 15.6. Stages of Supply. TSI shall supply power to ANECO in various stages, as follows: 15.6.1. During the period of testing and commissioning of Unit Two of the TSI Power Plant, ANECO shall purchase the proportionate net electrical output of Unit Two of the TSI Power Plant generated by TSI subject to the payment of Commissioning Energy Charge as provided in Schedule 7.1 of the ESA. ANECO may also request for additional quantities subject to TSI’s approval. 15.6.2. In the event that TSI is ready to deliver capacity and energy prior to the Target Commercial Operation Date, TSI shall have the option to: (a) offer early commencement of delivery of Contract Capacity and Contract Energy to ANECO; or (b) sell the electrical output of the Power Plant to third parties until the Target Commercial Operation Date. 15.6.3. Beginning on Operations Effective Date, TSI shall supply and deliver Contract Capacity and Contract Energy (whether from the capacity of the Power Plant or the power plants owned or operated by any of its affiliates, WESM, if any, or any other supplier) to ANECO during the Billing Periods specified in the Contract Energy Schedule.
VIII. Other Taxes and Charges Except for value-added tax, all existing and future taxes, any increase or adjustments on existing taxes, fees, imposts, including transmission charges and other charges imposed on the Power Plant shall be for the account of the Customer in accordance with Articles 11 and 14, which shail be computed based on the following formula:
RCP
= = = = =
= Contract Capacity in kW as indicated in Table 1 of Schedule7.1 of the ESA = Capital Recovery Fee in Php/kW-month as indicated in Table 1 of Schedule 7.1 of the ESA = the base PHP/USD exchange rate as indicated in Table 1 of Schedule 7.1 of the ESA = the weighted average PHP/USD exchange rate over the construction period as calculated in accordance with Table 2 of Schedule 7.1 of the ESA = availability adjustment in accordance with the following formula:
ACCij = available CC for interval / and day j, where n is the number of days per Billing Period and lntis the number of Intervals per day.
ABSTRACT OF THE ENERGY SUPPLY AGREEMENT AND OTHER RELEVANT INFORMATION
Where: CC RCC CRF FXo FXCRF
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The CSEE was provisionally approved in the Order dated 3 June 2013 in ERC Case No. 2013-055RC. 2 53% of the total Mindanao dependable capacities in 2009 comes from hydroelectric power [Power Development Plan, 2009-2030]. 3 Article 5.2, ESA. 4 Under Schedule 7.4.2 of the ESA, the Delivery Point refers to the High Voltage side of the transformer at the Power Plant. 5 Schedule 7.4.1 of the ESA. 1
In the event that the index (a) becomes unavailable, (b) is replaced by a new benchmark rate as determined by the relevant authorized entity, its successor in interest, or (c) ceases to exist, or (d) in the reasonable determination of either Party, fails to reflect the real costs and forms an integral part of this price mechanism, the Parties shall agree to adopt a new price index.
Where: CC = Contract Capacity in kW as indicated in Table 1 of Schedule 7.1 of the ESA TCC = Total contracted capacity in kW of the Supplier Taxes and Other Charges = except for value-added tax, ail existing and future taxes, any increase or adjustments on existing taxes, fees, imposts, including transmission charges and other charges imposed on the Power Plant in Philippine Pesos With respect to value-added tax, any adjustment to the value-added tax rate shall be applied to the fees specified in Schedule 7.1 of the ESA. B. BEFORE COMMERCIAL OPERATION DATE: Monthly Electricity Fees = Commissioning Charges + Other Taxes and Charges All computations on payments to Supplier shall not be rounded off, except for the final PHP amount, which shall be rounded off to the nearest
See application, page B3
Mindanao Daily B3 NEWS
Application
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Application...
REPUBLIC OF THE PHILIPPINES) ) ss
Philippine centavo. The Monthly Electricity Fees shall be subject to the applicable value-added tax. The Monthly Electricity Fees shall be subject to the applicable value-added tax.
I, HORACIO T. SANTOS after having been duly sworn in accordance with law, depose and say:
from page B2
I. Commissioning Charges The Customer shall pay the Supplier the Commissioning Charges subject to the applicable value-added tax for electricity supplied during the period of testing and commissioning of the Power Plant in accordance with the following formula: Commissioning Charges = VOMmonth + Fuelmonth Where: VOMmonth = computed in accordance with item A.lll of Schedule 7.1 of the ESA Fuelmonth = computed in accordance with item A.IV of Schedule 7.1 of the ESA II. Other Taxes and Charges Except for value-added tax, all existing and future taxes, any increase or adjustments on existing taxes, fees, imposts, including transmission charges and other charges imposed on the Power Plant shall be for the account of the Customer in accordance with Articles 11 and 14, which shall be computed based on the following formula:
Where: TED = Total Energy Delivered to the Customer by the Supplier in kWh during the current Billing Period TGS = Total Generation Sold by the Supplier to all of its customers in kWh during the current Billing Period Taxes and Other Charges = except for value-added tax, all existing and future taxes, any increase or adjustments on existing taxes, fees, imposts, including transmission charges and other charges imposed on the Power Plant in Philippine Pesos
VERIFICATION AND CERTIFICATION OF NON-FORUM SHOPPING
1. That I respectively, GENERAL MANAGER of AGUSAN DEL NORTE ELECTRIC COOPERATIVE, INC. (ANECO), the applicant-electric cooperative in the above-entitled case; 2. That I have caused the preparation and filing of the foregoing JOINT APPLICATION; 3. That I have read the same and that all allegations contained therein are true and correct of our own personal knowledge and on the basis of authentic documents in my possession; 4. That I hereby certify that ANECO,INC has not commenced any other action or proceeding involving the same issue/s with the Supreme Court, the Court of Appeals or any other tribunal or agency; 5. That to the best of my knowledge no such action or proceeding involving the same issue/s is/are pending with the Supreme Court, the Court of Appeals or any other tribunal or agency; 6. That should I, thereafter, learn that an action or proceeding is pending with the Supreme Court, the Court of Appeals or any other tribunal or agency I hereby undertake to report such fact within five (5) days from knowledge of such action or proceeding with this Honorable Commission. FURTHER AFFIANT SAYETH NONE.
SUBSCRIBED AND SWORN to before me this OCT 27, 2014 day of ____ affiant respectively exhibited to me competent evidences of his identity:
With respect to value-added tax, any adjustment to the value-added tax rate shall be applied to the fees specified in Schedule 7.1 of the ESA. 15.9. The agreed amounts relevant to the computation of Contract Price are as follows: Details Unit Amount CC kW 1,000 Minimum Load Requirement kW 400 CRF Php/kW-month 2,040 FOM Php/kW-month 400 VOM Php/kWh 0.2908 Fxo Php/USD 42 USCPIo 226.23 RPCPIo 127.80 15.10. Termination Fee. In the event that the ESA is terminated by TSI on the grounds of (a) the failure of ANECO to pay the Electricity Fee or any other amounts payable under the ESA; (b) failure by ANECO to replenish its Security Deposit in full as provided in Article 9.2.3 of the ESA; (c) breach by ANECO of any of the provisions of the ESA and its failure to cure the breach within a period of thirty (30) days from receipt of the notice of the breach; and (d) termination by TSI of the ESA upon the occurrence of any events of default under Article 17.2 of the ESA,ANECO shall be liable to pay a termination fee computed using the following formula:
Where: CC = Contract Capacity in kW as indicated in Table 1 of Schedule 7.1 of the ESA CRF = Capital Recovery Fee in Php/kW-month as indicated in Table 1 of Schedule 7.1 of the ESA FXo = the base PHP/USD exchange rate as indicated in Table 1 of Schedule 7.1 of the ESA FXCRF = the weighted average PHP/USD exchange rate over the construction period as calculated in accordance with Table 2 of Schedule 7.1 of the ESA RCP = the number of Billing Periods in the remaining Contract Period
16. In support of the instant application, ANECO is providing the Honorable Commission with the following documents, in addition to the Annexes specified above:
Description of Document TSI’s Sources of Funds/Financial Plans Summary of TSI’s Project Cost TSI’s Environmental Compliance Certificate (“ECC”) No. 1107-0010 TSI’s fuel procurement process ANECO’s procurement process TSI Plant Description Department of Energy Certification for the TSI Plant Basis for purchased power Cash Flow
Annex O P Q R S T U V W
17. Certificate of Compliance (“COC”). Pursuant to ERC Resolution No. 9, series of 2010, TSI shall file the necessary application for a COC no later than three (3) months prior to the commencement of commercial operations. 18. Rate Implication. An analysis was conducted to determine the impact of the implementation of the ESA on ANECO’s generation costs, a copy of which is attached as Annex “X.” The following table shows the expected rate impact in the event that ANECO procures power from TSI when the TSI Power Plant commences commercial operations in 2015 vis-a-vis ANECO procuring power from other sources in Mindanao: (i) Current Generation Mix without TSI (PhP/kWh) 4.7108
(ii) Reduced NPC/PSALM + IPPs without TSI* (PhP/kWh) 5.9078
(iii) Reduced Increase/ NPC/PSALM + IPPs (Decrease) with TSI (PhP/kWh) (PhP/kWh) 5.6866 (0.2212)
* The calculation assumes that the deficit will be augmented through modular gensets. ALLEGATIONS IN SUPPORT OF MOTION FOR CONFIDENTIAL TREATMENT OF INFORMATION 19. Under Article 16 of the ESA, ANECO undertook to ensure that no Confidential Information6 of TSI is disclosed to third parties and that it shall use utmost efforts to prevent any unauthorized disclosure thereof. 20. Under Rule 4 of the ERC Rules, the Honorale Commission may, upon request of a party and determination of the existence of conditions which would warrant such remedy, treat certain information submitted to it as confidential. Pursuant to its undertaking, ANECO respectfully moves that Annexes “G,” “0,””P,””R,” “V,” and “W,” not be disclosed and be treated as confidential documents in accordance with Rule 4 of the ERC Rules. These documents contain certain non-public information, data and calculations involving business operations and financial trade secrets reflecting TSI’s investment and business calculations. 21. ANECO hereby submits one (1) copy of Annexes “G”, “O””P””R,” “V,” and “W,” in a sealed envelope, with the envelope and each page of the document stamped with the word “Confidential.” PRAYER
WHEREFORE, in view of all the foregoing, it is most respectfully prayed of this Honorable Commission that: 1. the Energy Supply Agreement dated 15August2014between ANECO and TSI, including the rates as set out therein, be approved with finality; and 2. an Order be issued (a) treating Annexes “G”, “O,””P,””R,” “V,” and “W,” and the information contained therein as confidential, (b) directing their non-disclosure to persons other than the officers and staff of the Honorable Commission, pursuant to Rule 4 of the ERC Rules, and (c) prescribing the guidelines for the protection thereof.
Other reliefs just and equitable are likewise prayed for. Makati City for Pasig City, 23 0ctober2014. LERIOS- AMBOY PINGOL & GONZALES LAW OFFICES Counsel for Applicant Agusan del Norte Electric Cooperative, Inc. Units 1609-1610, Tycoon Centre Pearl Drive, Ortigas Center, Pasig City 1605
By: DITAS A.LERIOS-AMBOY Roll of Attorneys No. 40628 PTR No.9847297 Jan.14, 2014, Pasig City IBP Life Member Roll No. 012301, RSM MCLE Compliance IV Cert. No. 0008722, Oct. 24, 2012 PUYAT, JACINTO & SANTOS Counsel for Applicant Therma South, Inc. 5th& 12th Floors, VGP Center 6772 Ayala Avenue, Makati City7 Tel. No. (632) 840.4025 to 28 Fax No. (632) 810.0890 Email: pjs@pjslaw.com
By:
10-2014 Regular Meeting EXCERPTS FROM THE MINUTES OF THE BOARD OF DIRECTORS MEETING DATED OCTOBER 18,2014 HELD AT ANECO BOARD ROOM, J.C. AQUINO AVE., BUTUAN CITY. Present: Dir. Romeo J. Gumadlas Dir. George S. Pacot Dir. Dioscoro P. Boco Dir. Mariano C. Corvera, Jr. Dir. Samuel P. Carampatana Dir. Maurita M. Comandantc Dir. Alberto D. Parajcs Dir. Estrelia S. Buque Dir. Eleno M. Angay Dir. Dioscoro C, Basnig Dir. Florante O. Perez Dir. Walter A. Butao Dir. Nolie C. Namocatcat Dir. Nicolas D. Hernandez Dir. Jose P. Rosales Dir. Walter A. Butao GM Horacio T. Santos
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President Executive Vice-President VP- External Affairs VP- Internal Affairs VP-District Operations Treasurer Secretary Assistant Secretary Member Member Member Member Member Member Member Member Ex-Officio Member
Absent: RESOLUTION NO. 078 Scries of 2014 A RESOLUTION APPROVING THE FILING OF AN APPLICATION FOR THE APPROVAL OF THE ENERGY REGULATORY COMMISSION (ERC) ON THE ENERGY SUPPLY AGREEMENT (ESA) ENTERED INTO BY AND BETWEEN THE AGUSAN DEL NORTE ELECTRIC COOPERATIVE, INCORPORATED (ANECO, INC.) AND THERMA SOUTH INCORPORATED (TSI) FOR THE SUPPLY OF ONE MEGA WATT (1MW) COAL-FIRED ELECTRIC ENERGY TO THE COOPERATIVE WHEREAS, the cooperative entered into an agreement with Therma South, Incorporated (TSI) for the supply of one (1) megawatt coalfired electric energy for a period of twenty-five (25) years; WHEREAS, the Energy Regulatory Commission (ERC) requires the filing of the Energy Supply Agreement (ESA) for its approval; WHEREAS, the Board of Directors had authorized General Manager Horacio T. Santos, Utility Economics Officer Melquisedec T. Bompat and Technical Department Manager Engr. Darwin T. Daymiel to represent the cooperative during the scheduled ERC hearings; NOW THEREFORE, after due deliberation and upon the unanimous motion of the Board of Directors; RESOLVED, AS IT IS HEREBY RESOLVED, APPROVING THE FILING OF AN APPLICATION FOR THE APPROVAL OF THE ENERGY REGULATORY COMMISSION (ERC) ON THE ENERGY SUPPLY AGREEMENT (ESA) ENTERED INTO BY AND BETWEEN THE AGUSAN DEL NORTE ELECTRIC COOPERATIVE, INCORPORATED (ANECO, INC.) AND THERMA SOUTH INCORPORATED (TSI) FOR THE SUPPLY OF ONE MEGA WATT (1MW) COAL- FIRED ELECTRIC ENERGY TO THE COOPERATIVE; RESOLVED FURTHER, that ANECO General Manager Horacio T. Santos, be, as he is authorized to represent the cooperative in the application, and to sign, execute and deliver any and all documents, including the Verification and Certification of Non-Forum Shopping which may be required in the filing of the aforesaid Application; RESOLVED FURTHERMORE, to engage the services of Lerios-Amboy Pingol and Gonzales Law Officc to assist and represent the Cooperative as counsel in the said application; RESOLVED FINALLY, to furnish copy of this resolution to Therma South, Incorporated (TSI), Energy Regulatory Commission (ERC), the National Electrification Administration (NEA) and other concerned department of the cooperative for their information and reference. APPROVED UNANIMOUSLY I HEREBY CERTIFY TO THE CORRECTNESS OF THE FOREGOING RESOLUTION AS APPROVED BY THE ANECO BOARD OF DIRECTORS DURING ITS REGULAR MEETING HELD LAST OCTOBER 18, 2014.
VERIFICATION AND CERTIFICATION OF NON-FORUM SHOPPING I, Benedick Salvador, of legal age, with office address at 5th Floor, Limketkai Gateway Tower 1, Cagayan de Oro City, Misamis Oriental 9000, after having been sworn in accordance with law, hereby depose and state: 1. I am the duly authorized representative of THERMA SOUTH, INC. (“TSI”), one of the Applicants in the Application for the approval of the Energy Supply Agreement between Agusan del Norte Electric Cooperative, Inc. and TSI. 2. As the duly authorized representative of TSI, I caused the preparation of the foregoing Application; I have read the contents thereof and attest that the allegations therein are true and correct based on my own personal knowledge and on authentic records in the possession of TSI. 3. I hereby certify that TSI has not commenced any action or filed any claim involving the same issues in any court, tribunal or quasi-judicial agency, and, to the best of my knowledge, no such other action or claim is pending therein. Should I thereafter learn that the same or a similar action or claim has been fled or is pending, I shall report such fact to this Honorable Commission within five (5) days therefrom.
IN WITNESS WHEREOF, I have set my hand this OCT 23, 2014
SUBSCRIBED AND SWORN TO before me this OCT 23, 2014 at MAKATI CITY, Philippines, by BENEDICK SALVADOR, who has satisfactorily proven to me his identity through Philippine Passport No. EB8911499 issued by DFA Davao on 13 August 2013 valid until 12 August 2018.
Under Schedule 1.1, Confidential Information is defined as “all data and information disclosed {whether before or after the date of this Agreement and whether in writing, or in computer disc, verbally or by any other means and whether directly or indirectly) by the Disclosing Party (or by another person on behalf of the Disclosing Party) to the other Party in whatever form, tangible or intangible, that is not generally known to the public and relates to the operations, businesses, technology, practices, products, marketing, sales, services, finances, or legal affairs of the Disclosing Party or of any third party doing business with or providing information to the Disclosing Party, including this Agreement, information about this Agreement and negotiations pertaining to this Agreement as well as actual or prospective customers, business partners, market opportunities, business, sales, marketing, technical, financial and legal plans, proposals and projections, product information, know-how, design rights, trade secrets, concepts, techniques, processes, methods, systems, designs, programs, codes, formula, research, experimental work and work in progress.” 7 Please note that the Docket and Receiving Section of Puyat Jacirito and Santos is located at the 5th Floor VGP Center 6772 Ayala Avenue Makati City. All notices, pleadings, orders and other papers relative to the above-captioned case should be served at the said address. 6
B4 Mindanao Daily NEWS
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DEPED-CDO WEST – II DISTRICT ACTION RESEARCH CONGRESS: MAKING A DIFFERENCE By WILLIAM C. AGOMANA Secondary School Principal-I Bulua National High School School Year 2014-2015
Are we making a difference? The work of teaching has always been difficult. Students increasingly bring more problems into the classrooms. Parental problems, societal issues and other related concerns kept increasing and financial setbacks made it clear that today’s teachers are being tasked to do more with less efficacy. Crafting solution to these dynamic and ever changing classroom issues can be an exciting undertaking, especially when one acknowledges that newer and better answers are evolving all the time. These are the reasons why DEPED- Division of Cagayan de Oro City, West II District conducted Action Research Congress held at Riverview Inn on October 24, 2014. The theme was “Action Research for Deeper Teaching and Learning: Cutting – Edge to Increase Student Performance”. The congress was a fusion of the brilliant minds in the field of action research. It was spearheaded by Dr. MA. VIRGITA E. ALINGIG, Public School District Supervisor and JUAN A. MINGO, EPS-I TLE/Monitoring Supervisor. It was actively participated by the school principals, master teachers, and teachers from both elementary and secondary representing the following schools: A. Elementary 1. Bulua central School 2. Iponan Elementary School 3. Bolao Elementary School 4. Canitoan Elementary School 5. Pagatpat Elementary School 6. PN Roa Elementary school 7. Baikingon Elementary School 8. San Simon Elementary School 9. Camp Evangelista Elementary School 10. G. L Reyes Elementary School 11. Pamalihi Elementary school B. Secondary 1. Bulua National High school 2. Iponan National High School 3. Canitoan National High School 4. PN Roa National High School 5. Pagatpat National high School
6. San Simon National High School The following were the results of oral and poster presentations: A. ORAL Presentation FIRST PLACE – MARINA L. CAJES TITLE: “Kung Sama-sama Lahat Makakabasa: A Saturday Reading Program for Non-readers and Frustration Readers of Grade I – III of Iponan Elementary School for SY 2014-2015” SECOND PLACE – NANCY S. TRAVERO-RUBIN, Ph. D. TITLE: “Assessment on Bullying as Perceived by the Teachers of Camp Evangelista Elementary School for SY 2014-2015” THIRD PLACE – MA. EDNA MACATOL-LAMCO TITLE: “Assessment of Dengue – Vector Carrying Mosquitoes of Bulua National High School” B. Poster Presentation FIRST PLACE – CHERRY LOU LANZADERAS TITLE: “The Motivational Effect of ICT on the Performance in HEKASI among Grade VI Pupils of Iponan Elementary School Division of Cagayan de Oro City” SECOND PLACE – EDEN MAE GONZALES-PUERTO TITLE: “Impact of Text2Teach Program on Pupils’ Performance in Science Grade V of Iponan Elementary School for SY 2014-2015” THIRD PLACE – LITA F. BASE et. al. TITLE: “Experiential Based Strategy Enhances Cognition in Writing Reflection: Basis for MSEP Activity Sheet, Influences Pupils’ Performance in Grade VI Roxas of Bulua Central School SY 2013-2014” The activity was successfully conducted and made possible because of the untiring support of ELENA M. BORCILLO, CESO VI, Schools Division Superintendent and Dr. REYNALDO E. MANUEL JR., Assistant Schools Division Superintendent. The quest of increasing the National Achievement Test results (NAT-2015) is the ultimate challenge among DEPED Teaching and Nonteaching Personnel, Parents, students in partnership with stakeholders. Hence, we believed that through the conduct of action research, we can make a difference in improving the academic performance of our learners in the Division of Cagayan de Oro City specifically the West-II District.
AGUSAN DEL SUR ELECTRIC COOPERATIVE, INC. San Francisco, Agusan del Sur Tel. Nos. (085) 343-8456, 839-2275, 242-3280 Email add.: aselco2000@yahoo.com
The Agusan del Sur Electric Cooperative, Inc. (ASELCO) with office address at San Isidro, San Francisco, Agusan del Sur invites interested parties to pre-qualify and to bid for the supply Boom Truck, Lineman’s Tools, and, Billing and Collection Software: APPROVED BUDGET COST (PHP) 4,477.100.00 1,980,800.00
4,000,000.00
The interested parties may secure bid documents and checklist of qualification requirement from the Office of the BAC Chairman and pay annual accreditation fee of Php 1,000.00. The schedule of the Bidding Activities are as follows: PARTICULARS
Issuance of Bid Documents/Checklist of Qualification Requirements Pre-Bid Conference Submission/Opening of Bids
DATE/TIME November 6-27, 2014 8:00 A.M. to 5:00 P.M.
November 13, 2014 10:00 A.M.
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DEED OF EXTRA-JUDICIAL SETTLEMENT OF THE ESTATE OF THADDEUS AVANCEÑA BAUTISTA
Invitation to Apply for Eligibility and to Bid
SPECIFICS QUANTITY Lot A. Lineman’s Tools Refer to List Lot B. Boom Truck Fuso Fighter Specifications: One Unit 6D14 Surplus as is Japan With 4.9 Tons Lifting Capacity With 3 Segments 45 Ft. Length With Bucket for Linemen Lot C. Windows base Billing and Collection System and Its Source Code Specifications: One Package 100% Migration Capability Client/Server Platform Support Extended Database Support(MS, SQL, MySQL, Oracle, etc Customizable Read, Bill, and Collect Capable Bar Coding Capable Real-Time Processing Multi-user System Functionality Data and Program Functionality Provide In-house Requirement and Governing Bodies (i.e ERC, NEA, and etc.
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A complete set of Bidding Documents maybe purchased by interested bidders from the Office of the BAC Secretariat, ASELCO Main Office, San Francisco, Agusan del Sur and upon payment of a nun-refundable fee in the amount of Php 10,000.00. The method of payment shall either be in cash, manager and/or cashier’s check. Qualified Bidders are required to submit/post corresponding bid bond/security in form of Cash, Cashier’s Check, Manager’s Check, Bank Draft equivalent to 2% or Bank Guarantee equivalent to 2.5% of the Approved Budget at the start of bidding. Further, Bid who fail to submit bid bond will not be allowed to join the bidding even if they have receivables from ASELCO. ASELCO reserves the right to accept or reject any Bid, to annul the bidding process, and to reject all bids at any time prior to contract award, without thereby incurring any liability to the affected Bidder or Bidders. (SGD.)ERIEL B. PEDROSO Chair, BAC NOTED: (SGD.)EMMANUEL B. GALARSE General Manager
Notice is hereby given that the intestate estate of the deceased THADDEUS AVANCEÑA BAUTISTA, who died on 31 March 2014 in Cagayan de Oro City; left his conjugal share in certain real and personal properties, and identified as follows: Transfer Certificate of Title No. T- 26649 “A parcel of land (Lot 2047-B-1-B-5-A, Psd-10-001026), situated in the Barrio of Macasandig, City of Cagayan de Oro, Island of Mindanao. containing an area of ONE THOUSAND (1,000) SQUARE METERS more or less. All points referred to are indicated on the plan and are marked on the ground by P.S. Cyl. Conc. Mons. 15 x 60 cm., Bearings true, date of original survey, February 15- June 16, 1929 and that of the subdivision, June 27, 1978 executed by Paterno P. Gallares, Geodetic Engineer and approved on July 21, 1978.”; Tax Declaration No. G-152871 A parcel of land located in Upper Zone 3, Bulua, Cagayan De Oro City, with an area of 811 square meters, and more particularly identified as Cadastral Lot 6020 C-5 or Assessor’s Lot NO. 0.15, Block 0.5, issued by the Office of the City Assessor of Cagayan De Oro City.; Tax Declaration No. G - 065167 A parcel of land located in Camaman-an, Cagayan De Oro City, with an area of 6,610 square meters, and more particularly described as Lot 2136-A-20 of the Subd. Plan (Cadastral Lot No. 2136 C-3) or Assessor’s Lot No. 044, Block 06, issued by the Office of the City Assessor of Cagayan De Oro City.; Tax Declaration No. 0812002007042, 1883, Pls-805 A parcel of agricultural land located in Punog, Claveria, Misamis Oriental, with an area of 17,801 square meters, issued by the Provincial Assessor of Misamis Oriental.; Transfer Certificate of Title No. T-113366 “A parcel of land (Lot 21154-D, Psd-10-014859, being a portion of Lot 21154, Cad. 369-D, Cagayan Cadastre Ext.), situated in the Barrio of Cabula, City of Cagayan de Oro, Island of Mindanao containing an area of SEVENTY TWO THOUSAND FIVE HUNDRED SEVENTY SIX (72,576) SQUARE METERS more or less. All points referred to are indicated on the plan and are marked on the ground as follows: Points 3-4-5-6 by PS cyl. conc. mons. and the rest not otherwise described are Old Points; bearings true, date of Original survey, July 18-19, 1968 and that of the subdivision June 3, 1991, executed by Paterno P. Gallares, Geodetic Engineer and approved on June 4, 1991.”; Petron Shares of Stocks amounting to 3000 shares; Sunlife Shares of Stocks amounting to 183 shares; Phinma-COC Shares of Stocks amounting to 39 shares; Cash with Rizal Commercial Banking Corporation, Velez, Cagayan de Oro Branch in the amount of Twenty Five Thousand Pesos (Php25,000.00) with all accruing interest under Current Account No. 1501339446, under Notary Public of ATTY. EMMANUEL A. GAABUCAYAN; As per Doc. No. 416; Page No. 84; Book No. 139; Series of 2014. MDN: NOV. 4, 11 & 18, 2014
fee. Sun subscribers may check their earned points by texting Points to 9800, or by logging on to their accounts at https://my.suncellular.com. ph. The complete list of redeemable rewards may be accessed by visiting http:// suncellular.com.ph/rewards or by texting REWARDS to 9800. To redeem rewards, simply text REDEEM <item code> to 9800. Sun Broadband subscribers can redeem their rewards and view the list of available rewards on their My.Sun Account. For more information on the Sun Choice Rewards program, log on to www. suncellular.com.ph/. You can also check for updates by logging on to Sun Cellular’s official social media sites: www.facebook.com/suncellularph orwww.twitter.com/ suncelldeals. Sun Cellular is the mobile brand of Digitel Mobile Philippines Inc., a member of the PLDT Group Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City PEDRITO D. SALOME Applicant/s
Case No; 2014-10-2418
NOTICE OF HEARING APPLICANT(s)/Petitioner(s) request authority For issuance of certificate of public convenience to operate Truck for Hire service on the line ;Cagayan de Oro to any point in Mindanao accessible to motor vehicle traffic and vice versa with the use of one (1)unit/s. This application/petition shall be considered by this Board on November 14, 2014, 10;00 A.M. at this Board on which date Applicant(s) Petition(s) shall formally submit his/her evidence. The Applicant(s)/Petitioner(s) shall publish said notice at least TEN(10) days prior to the date of hearing in the daily newspaper of general circulation in Mindanao Island. Party(ies) opposed to the approval/granting of the application/petition must file his/her/their written opposition with supporting document, unless this Board deems it necessary to require additional document evidence and/or his/her/ their oral testimony(ies). N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN THE DISMISSAL OF THE APPLICATION/PETITION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 3RD day of November, 2014. SOLAYMAN B. MACATOON, JR. Hearing Officer MDN: Nov 4, 2014
Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City LAGARE, IMARY ROSE Case No; 2014-10-1626 Applicant/s
NOTICE OF HEARING APPLICANT(s)/Petitioner(s) request authority for issuance certificate of public convenience to operate Truck for Hire service on the line;Cagayan de Oro to any point in Mindanao and vice versa with the use of six(6) unit/s. This application/petition shall be considered by this Board on November 13, 2014, 10;00 A.M. at this Board on which date Applicant(s) Petition(s)shall formally submit his/her/thier evidence. The Applicant(s)Petition(s) shall publish said notice at least TEN(10) days prior to the date of hearing in daily newspaper of general circulation in the Mindanao Island. Party(ies) opposed to the approval /granting of the application/petition must file hi/her/their written opposition with supporting documents, unless the Board deems it necessary to require additional documentary evidence and/or his/her/ their oral testimony(ies). N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN THE DISMISSAL OF THE APPLICATION/PETITION. WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 31ST day of October, 2014. SOLAYMAN B. MACATOON, JR. Hearing Officer MDN: Nov 4, 2014