It would surprise anyone why the provincial government plan to bid for FICELCO's diesel generating sets. Privatization of utilities is being undertaken in many parts of the world because of shifting global concerns and priorities, while we do the opposite.
If their purpose is to help FICELCO's cash flow and bottom line to make it appear financially sound to creditors, then why pass the burden to us taxpayers? If they think it would lower our power rate, we don't think so for it will boomerang in the future.
We hope that our provincial legislative body are aware that diesel generating sets are costly to maintain and operate. If they are serious of lowering our operating cost, why not interconnect with the Luzon power grid? And, why not instead, focus on alternative power resources?
God Bless Catanduanes!
We hope that our provincial legislative body are aware that diesel generating sets are costly to maintain and operate. If they are serious of lowering our operating cost, why not interconnect with the Luzon power grid? And, why not instead, focus on alternative power resources?
God Bless Catanduanes!
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