Tuesday, May 28, 2013

Tampinco bows out of NPC; Asirit eyeing ERC commissioner post

Manila Bulletin 
By Myrna M. Velasco 
Published: May 28, 2013 
The power sector restructuring saga continues with National Power Corporation (NPC) President Froilan A. Tampinco reportedly bowing out of his post end of next month.
According to highly-placed sources, he will likely be replaced by Gladys Cruz-Sta. Rita, currently one of the board members of state-run Philippine National Oil Company.
Sta. Rita was installed PNOC board member during the Aquino administration and took her oath then before former Energy Secretary and now Cabinet Secretary Rene Almendras. She earned her AB and Masters in economics degree from the University of the Philippines.
Another official who will likely move is Department of Energy (DOE) Undesecretary Josefina Patricia Magpale- Asirit, who is reportedly jumping fence to the Energy Regulatory Commission (ERC) for a Commissioner post.
Magpale-Asirit , according to sources, will likely take the place vacated by retired Commissioner Maria Teresa R. Castaneda who retired months back.
The energy official has been on a “prolonged leave” since January as she asked permission from Energy Secretary Carlos Jericho Petilla that she had to help her mother on her vice gubernatorial bid in Cebu in the recently-concluded mid term elections.
Another Commissioner post will open at the ERC this year with the forthcoming retirement of Commissioner Jose Reyes this July.
Tampinco is reportedly eyeing a new job at a multilateral lending agency upon his departure from the state-run power firm.
He will be leaving an organization which is deeply-scarred with frustrating concerns that have not been resolved under his watch.
NPC employees, in particular, are restless and disappointed at the organizational restructuring recently implemented at the company; as well as on their hanging compensation on a labor case already won at the Supreme Court.
After its privatization, the residual function of NPC had been confined generally to the electrification of off-grid areas.
In the Operation and Maintenance Agreement (OMA) it inked with the Power Sector Assets and Liabilities Management Corporation (PSALM), NPC also serves as the operator of the power plants which are still under government’s charge.   source

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