Friday, February 11, 2011

ALECO BOARD MEMBERS RESIGN EN MASSE; POWER CUT OFF ABORTED

By CET DEMATERA

LEGAZPI CITY---In an almost three hours via-phone negotions between Gov. Joey
Salceda and Energy Secretary Rene Alemendras, the scheduled power-cuff to Albay
province yesterday was finally aborted when all the board members of the
debt-ridden Albay Electric Cooperative (Aleco) finally decided to resign in
masse to allow the take over today (Friday) of the firm's management by the
National Electrification Administration (NEA).

The negotiation was prolonged when Almendras informed Salceda that the Aleco
boardmembers should have addressed their resignation directly to NEA and not to
the firm's officer-in-charge, for DOE to halt the disconnection.

Salceda though finally persuaded Alemendras to abort the disconnection by
allowing NEA's management team to immediately takeover the Aleco management this
Friday.

"We requested Secretary Alemendras to abort the disconnection and instead send a
NEA team tomorrow to takeover the Aleco management," Salceda told The SUN.

The disconnection attempt was the third time since September last year.

The Philippine Electricity Market Corp.(PEMC) threatened to disconnect power to
Aleco through DOE should it fails to settle its standing billed debt of some
P1.2-billion pesos, though the P843-million of this amount is under litigation.

The over 250,000 power consumers across Albay expressed deep sigh of relief when
Salceda announced through the media here that the scheduled disconnection would
no longer take place. (cet dematera)

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