PSALM, Mindanao Energy get renewed COCS
THE Energy Regulatory Commission ( ERC) has approved the applications of the Power Sector Assets ( Minergy) for the renewal of their Certificates of Compliance ( COCs).
“The ERC’s renewal of PSALM and Minergy COCs indicate continuance of their respective commercial operations for the next five years in strict compliance with financial, environmental, and technical standards,” ERC Chairman Zenaida Cruz- Ducut said.
In a statement, ERC said that the applications were approved after PSALM and Minergy were able to establish their financial, technical, and environmental abilities to sustain the operations of their respective power plants, based on the operational standards stated in ERC’s Revised Rules for the Issuance of COC for generation companies/ facilities.
PSALM’s COCs are for its Agus 1, Agus 2, Agus 4, Agus 5, Agus 6, Agus 7, and Pulangi 4 hydroelectric power facilities that have a total capacity of 983.21 megawatts, while Minery’s COC covers its 9.21MW mini-hydroelectric power plant and 90.4- kilowatt black start generating set which are located in Baranga Plaridel, Claveria, Misamis Oriental.
Minergy currently provides portion of the power requirements of its sole customer and partowner, the Cagayan Electric Power and Light Company Inc. ( Cepalco), the electric distribution utility serving Cagayan de Oro City and the municipalities of Tagoloan, Villanueva and Jasa- an in Misamis Oriental, including the Phividec Industrial Estate.
It supplies Cepalco with a capacity of eight MW as per Contract for the Power Supply Agreement between Minergy and Cepalco.
MADELAINE B. MIRAFLOR Dear Leila,
Christmas is just around the corner. This is one the seasons when the Department of Trade and Industry (DTI) intensifies its efforts in safeguarding the welfare and protection of consumers. To equip the public with information and guide to breeze through their holiday shopping, here are the consumer tips from DTI for the holiday season. No Return, No Exchange Policy 1.No Return, No Exchange policy in stores is strictly prohibited. When consumers have purchased defective products from any store, they may demand for refund of their money or replacement of the item.
2.Only defective products can be returned or exchanged. If a consumer had a change of mind on their purchase, they cannot return the product/s nor ask for a refund. Stores who permit this only do so out of goodwill.
3.The “No Return, No Exchange” Policy does not apply to defective products due to mishandling of the buyer. The policy only covers products with factory defect/s or imperfections due to the seller’s negligence.
4. Consumers may demand for repair, refund or replacement of defective products. Just bring the defective item to the store and present the proof of purchase or warranty card/ certificate or any document that may prove that you bought the product from the concerned store.
1. Price tags should be clearly printed and bear no erasures or alterations. It should visibly state the price of the commodity per unit ( piece, package, pair, dozen, set, kilogram, meter, litre, etc.) in Philippine currency except when a regulation allows consumer products to be sold in foreign currency. ( i. e., duty free)
2.Erasures or alterations on the price tag are only allowed in price reduction sales promotion campaign. Otherwise, it is prohibited by law.
3.The price indicated on the tag The Department of Trade and Industry welcomes all inquiries, complaints, comments and suggestions from consumers. Call DTI Direct at 751-3330 from Monday to Friday from 8 a.m. to 5 p. m. or visit the DTI website www.dti.gov.ph.