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AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Right

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

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

AGUS & PULANGI HYDROELECTRIC PLANT

COMPLEXES

Flash Point of Profitization of Human Rights

Page 2: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

! BAZETABA KAMI

SA MINDANAO !!• Personal Message

• Electricity is not a commodity

Page 3: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

Agus 1Agus 4

Agus 5Agus 2Agus 6

Agus 7IDPP

Lake Lanao

Iligan Bay

PB-118

PB-104

Pulangi IV

WMPCMGPP

DAVAO CITY

ZAMBOANGA

SPPCCOTABATO

PB-117AGUSAN DEL NORTE

Mindanao (STEAG) CoalFired 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

Page 4: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

LAKE LANAO

LAKELANAO

Ponage Area of Agus 4 HE Plant

Constructed during the Marcos Regime

Page 5: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

AGUS AND PULANGI HYDRO PLANTSAGUS AND PULANGI HYDRO PLANTS

AGUS 1AGUS 1 AGUS 2AGUS 2 AGUS 4AGUS 4 AGUS 5AGUS 5 AGUS 6AGUS 6 AGUS 7AGUS 7 PULANGIPULANGI

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 OFTECHNICAL CHARACTERISTICS OF

Page 6: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

ACTUAL ENERGY SALES OFACTUAL ENERGY SALES OFAGUS AND PULANGI HYDRO PLANTSAGUS AND PULANGI HYDRO PLANTS

in (kwh)in (kwh)

AGUS 1 256,942,662 252,009,842 116,517,261AGUS 1 256,942,662 252,009,842 116,517,261 AGUS 2 582,921,575 657,562,989 267,871,580AGUS 2 582,921,575 657,562,989 267,871,580 AGUS 4 685,856,696 694,886,598 294,423,634AGUS 4 685,856,696 694,886,598 294,423,634 AGUS 5 238,752.647 315,528,548 123,212,259AGUS 5 238,752.647 315,528,548 123,212,259 AGUS 6 931,673,794 1,033,450,683 373,441,707AGUS 6 931,673,794 1,033,450,683 373,441,707 AGUS 7 185,059,485 280,482,221 90,204,599AGUS 7 185,059,485 280,482,221 90,204,599 PULANGI 885,214,883 910,238,656 318,143,797PULANGI 885,214,883 910,238,656 318,143,797

PLANT 2007 2008 2009

OPERATIONAL CHARACTERISTICSOPERATIONAL CHARACTERISTICS

Page 7: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

AGUS AND PULANGI HYDRO PLANTSAGUS AND PULANGI HYDRO PLANTSRevenue Results of OperationRevenue Results of Operation

AGUS 1 AGUS 1 P P 344,657,000.00 344,657,000.00 AGUS 2AGUS 2 949,529,000.00949,529,000.00 AGUS 4AGUS 4 920,382,000.00920,382,000.00 AGUS 5AGUS 5 415,634,000.00415,634,000.00 AGUS 6AGUS 6 1,275,422,000.00 1,275,422,000.00 AGUS 7AGUS 7 281,315,000.00 281,315,000.00 PULANGIPULANGI 1,199,674,000.00 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 CHARACTERISTICSFINANCIAL CHARACTERISTICS

GOCC : 12% RORBGOCC : 12% RORB

Page 8: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

Generation/Production CostGeneration/Production Cost of Agus Plants of Agus Plants

(Average)(Average)

20072007 = = 0.62 (P /kwhr)0.62 (P /kwhr)

20082008 = = 0.430.43 (P /kwhr)(P /kwhr)

Average Mindanao Grid Rate = 2.71 (P /kwh)

Page 9: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

EPIRAEPIRAR.A. 9136R.A. 9136

Page 10: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

EPIRA - Section 47 (f)EPIRA - Section 47 (f)

Privatization of Agus and Pulangi complex by 2011:

The Agus and Pulangi complexes in Mindanaoshall be excluded from among the generation companiesthat will be initially privatized…..

The privatization of Agus and Pulangi complexes shall be left to the discretion of PSALM Corporationin consultation with Congress;

Page 11: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

Rule23,Rule23,Section 9 EPIRA IRR Section 9 EPIRA IRR

The Agus and Pulangi complexes shall be The Agus and Pulangi complexes shall be managed and operated by NPC for PSALM as a managed and operated by NPC for PSALM as a separate business unit, and shall have its own separate business unit, and shall have its own organization and book of accounts.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•OMA OMA

Page 12: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

Rule23,Rule23,Section 5 EPIRA IRR Section 5 EPIRA IRR

The Privatization plan for NPC assets shall The Privatization plan for NPC assets shall contain, among others, the following principal contain, among others, the following principal elements:elements:a) xxxa) xxxb) Employees Issuesb) Employees Issues

• TALOMO MASSACRE! ++TALOMO MASSACRE! ++

Page 13: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

Privatization as an Privatization as an Economic Policy and Economic Policy and strategy is strategy is

OBSOLETE…OBSOLETE…

Page 14: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

People of MindanaoPeople of Mindanaois Opposing the Privatizationis Opposing the Privatizationof Agus and Pulangi Complexes.of Agus and Pulangi Complexes.

Instead:Instead:

Extension of the Moratorium for another 10 yearsExtension of the Moratorium for another 10 years

OR OR

MINDANAO POWER CORPORATION MINDANAO POWER CORPORATION

Page 15: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

Actions TakenActions TakenCollaborations

• 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

Page 16: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

Wish ListWish List

For ALNI, APEC ILO, and other well-meaning For ALNI, APEC ILO, and other well-meaning organizations to facilitate this Advocacyorganizations 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 AdvocacyLegitimate and Noble Advocacy

Page 17: AGUS & PULANGI HYDROELECTRIC PLANT COMPLEXES Flash Point of Profitization of Human Rights

MABUHAY MABUHAY ANGANG

MINDANAO!!!MINDANAO!!!