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Philippine Banking Industry Overview

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Questions and Answers

What is the percentage of privatization of NPC generating facilities as of June 2015?

90.7%

95.7%

89.7% (correct)

80.7%

What is the main task of the Energy Regulatory Commission (ERC)?

To close down power plants

To promote privatization

To nationalize power generation

To promote competition, encourage market development, and enforce regulations (correct)

What is the name of the power plant complex that was successfully bid in March 2014?

Power Barges 101-104

Naga Power Plant Complex (correct)

Unified Leyte Geothermal Power Plant

Angat Hydro-electric Power Plant

What is the name of the law that states power generation is not a public utility operation?

EPIRA Act of 2001 (B) Signup and view all the answers

What is the entity in charge of the bulk energy of Unified Leyte Geothermal Power Plant?

Independent Power Producer Administrator (IPPA) (C) Signup and view all the answers

What is the purpose of the certificate of compliance issued by the ERC?

To ensure compliance with regulations (C) Signup and view all the answers

What is the status of the remaining generation assets as of the report?

Privatization is ongoing (A) Signup and view all the answers

Who took over Angat Hydro-electric Power Plant in October 2015?

Korean Water Resources, Inc. (B) Signup and view all the answers

What is the period covered by the latest EPIRA status report?

November 2014 to April 2015 (D) Signup and view all the answers

What is the purpose of the EPIRA?

To promote competition and encourage market development (C) Signup and view all the answers