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PHILIPPINE LAWS, STATUTES & CODES
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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 354 -
AUTHORIZING THE NATIONAL POWER CORPORATION TO ENTER INTO NEGOTIATED
CONTRACTS FOR THE COAL SUPPLY REQUIREMENTS OF ITS POWER STATIONS AS
WELL AS THOSE OF ITS INDEPENDENT POWER PRODUCERS, AND FOR OTHER PURPOSES
WHEREAS, the Power Development
Program of government for the period 1996 through 2005 requires the
putting up of capacity additions of 2,150 MW imported coal-fired to the
existing 850 MW imported coal-fired power stations;
WHEREAS, Republic Act No. 7638 mandates the adoption of comprehensive
program for the efficient supply and economical use of energy
consistent with the approved national economic plan;
WHEREAS, the Philippines is competing with the countries in Europe and
in the Asia Pacific Region for the limited coal resources available in
the world market;
WHEREAS, the tightness in the world coal supply has generated an upward
trend in the coal price;
WHEREAS, power companies in Asian countries, such as Japan, South
Korea, Hongkong and Taiwan, have secured long term fuel supply for
their power stations from the coal producing countries;
WHEREAS, the security and stability of fuel supply to meet the
requirements of the National Power Corporation are vital to the
country’s economic and industrial development and dispersal;
WHEREAS, the security and stability of fuel supply to meet the
requirements of the National Power Corporation are vital to the
country’s economic and industrial development and dispersal;
WHEREAS, the requirements of environmental laws and regulations on coal
quality practically limit coal source to a narrow field of coal
suppliers and/or producers;
WHEREAS, there is a need to establish a procurement procedure for the
coal supplies of NPC;
NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Philippines, by
virtue of the powers vested in me by law, do hereby order:
Section 1.
Sec. 2.
Sec. 3.
Sec. 4.
Sec. 5.
DONE in the City of Manila,
this 5th day of July in the year of Our Lord, Nineteen Hundred and
Ninety-Six.
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