Blogging from Malaybalay City, Philippines

All I Know August 11, 2005

Caveat - I’m not tracking this issue closely.

“The TSCs will improve the attractiveness of NAPOCOR’s generation assets and will increase the market value of the power plants that are intended for sale and further operation,” said Cyril C. del Callar, NAPOCOR president.

All I know is that value is not created out of thin air.

If they are adding value to the assets (i.e. to the buyers), then they are taking it away from whom? Ratepayers?

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