Law Summary
Authorization for Use of Various Power Generation Technologies
- Allows acquisition, construction, installation, maintenance, operation, and improvement of gas, oil, or steam engines, as well as other prime movers and generators.
- Applies to production of electric power within power plants or auxiliary plants.
Development and Management of Power and Lighting Systems
- Empowers the Corporation to establish, develop, operate, maintain, and administer systems for power transmission and utilization.
- Covers full spectrum of power distribution infrastructure and service administration.
Conditions for Bulk Sale of Electric Power
- Permits sale of electric power in bulk to:
- Industrial enterprises,
- City, municipal, or provincial systems and other government institutions,
- Electric cooperatives,
- Franchise holders,
- Real estate subdivisions.
- Mandates minimum power requirement of 100 kilowatts for sales to industrial enterprises and real estate subdivisions.
Exceptions and Special Provisions
- No restrictions on sale of power in bulk to enterprises registered with the Board of Investments.
- Existing contracts with industrial enterprises shall be maintained and honored.
- Provisions for collection of charges for services rendered are affirmed.
Legal Authority and Context
- The amendment is made pursuant to the powers vested in the President by the Constitution, including his role as Commander-in-Chief and specific proclamations and orders.
- Reflects a continuing effort to revise and enhance the National Power Corporation's charter and capabilities under existing legislative framework.