Meltdown: politics may finally have sunk Philippine nuclear plant

Article Abstract:

Philippine Pres Fidel Ramos said on May 30, 1993 that an idle nuclear power plant in Bataan province would be changed to a non-nuclear power generating station. Westinghouse Electric built the $2.5 billion plant under contract with the Ferdinand Marcos regime in 1976-85. The plant never went into operation. Pres Corazon Aquino stopped the project in 1986 ostensibly for safety reasons but actually because of the facility's association with Marcos. A May 19, 1993 US court ruling absolving Westinghouse Electric of liability for bribery probably prompted Ramos' action.

Transformers, except electronic, Household refrigerators and freezers, Cases, Nuclear power plants, Westinghouse Electric Corp.

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Second thoughts

Article Abstract:

Petroleum prices have been regulated in the Philippines since the 1970s, and protests against the government have followed price rises which have been perceived as due to government policy. The president, Fidel Ramos, has implemented a law of 1996 leaving prices to the market, but deregulation has been hampered by a drop in value for the Philippine peso since 95% of the country's petroleum is imported. Congressmen have filed suits claiming that deregulation is not constitutional, and the Supreme Courts has ordered a price freeze.

PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Petroleum industry, Deregulation

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Powerful solutions: Philippine project shows benefits of build-operator-transfer schemes

Article Abstract:

Philippine Pres Fidel Ramos has started to solve his country's massive electricity problems. Ramos is planning an initial five projects that would be funded under a build-operate-transfer scheme. The scheme harnesses the resources of a private company in building a public utility. Once finished, the utility is leased by the builder to the government for a fixed duration, after which the utility's transfer to the government is effected at contracted prices.

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