Monday, October 13, 2014

Investors to visit Bataan nuclear site

Manila Standard Today
By Alena Mae S. Flores | Oct. 13, 2014 at 11:01pm

A group of potential investors want to visit the mothballed 600-megawatt Bataan nuclear power plant in Bataaan province to study the possibility of converting the facility into a coal-fired power plant, state-owned National Power Corp. said Monday.

Napocor president Ma. Gladys Cruz-Sta. Rita said a group of investors, along with Bataan Gov. Abet Garcia and Rep. Tet Garcia recently met with her to schedule a visit to the nuclear plant site.

Sta. Rita said the local government officials and the investors, whom she did not identify, discussed the possibility of converting the facility into a 1,200-MW coal plant.

“They want to visit the plant,” Sta. Rita said.

The ownership and title of the BNPP property is now under the control of the Finance Department. Napocor, however, continues to perform its mandate of preserving the facility.

A number of investors, including Korea Electric Power Co., earlier expressed interest in putting up power plants at the Bataan nuclear power plant compound at the 357-hectare government reservation at Napot Point in Morong, Bataan.

Sta. Rita, however, said most interested investors were in talks with the Finance Department.

The Energy Department earlier said it would come out with a recommendation on the Bataan nuclear power plant before President Benigno Aquino III stepped down from office by 2016.

“Whether it will be mothballed, activated or scrapped totally, my thrust is this administration will decide on it,” Energy Secretary Carlos Jericho Petilla said. source

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