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Napocor offers to sell resorts, other facilities

By Alena Mae S. Flores | Posted on Jan. 09, 2013 at 12:02am
[ manilastandardtoday.com ] 
Power Sector Assets and Liabilities Management Corp. said Tuesday it plans to sell the non-energy related assets of National Power Corp., including resorts and recreation facilities in Quezon City, Laguna, Cavite and Bataan.
PSALM vice president Conrad Tolentino said while the agency prioritizes the sale of government’s power assets, the Electric Power Industry Reform Act of 2001 allows the privatization of “all disposable assets of Napocor.” PSALM manages the assets and liabilities of Napocor.
A Napocor source said the power company had developed resorts and recreational facilities to generate additional income.
Napocor is also offering resorts and guesthouse facilities as possible tourist destinations to visitors.
These prime resorts and facilities include the Camarin Resort in Cavinti, Laguna, Westnuk Beach Cove in Morong, Bataan, the Puerto Azul Guesthouses in Ternate, Cavite and sports complex and training rooms in the company’s head office in Quezon City.
Napocor said resorts offered the best value from its array of relaxation, recreation, fun, meeting and banquet facilities.
Napocor owns the Camarin Guesthouse Resort & Eco Park along the shore of Caliraya Lake in Laguna. The resort covers seven hectares and offers cottages, cabanas, seminar rooms and various indoor and outdoor recreational facilities.
Napocor’s Ocean Villas Executive Guesthouse, meanwhile, is located within the Puerto Azul Golf & Country Club in Ternate, Cavite.
Napocor is also offering to tourists two sites in Bataan, namely the Westnuk Beach Cove in Morong and the Nuclear Power Village Hotel in Bagac, Bataan.
The WestNuk Beach Cove is situated at the decommissioned Bataan Nuclear Power Plant complex. The two-hectare property has a four-bedroom clubhouse, with living, dining, kitchen, and rest and bath facilities. It has recreational facility for billiards, darts, table tennis, basketball court and karaoke.
The Nuclear Power Village Hotel, meanwhile, is situated inside the Napocor Resort Village. The two-story lot has a complete facilities for conferences and trainings.
Napocor needs around P17.136 billion for the operational requirements of 534 generating units with total capacity of 278.398 megawatts in 221 off-grid areas around the country this year alone.
“For 2013, Napocor’s requirements to pursue electrification will require P17.136 billion, which covers power generation, transmission activities, including fuel, subsidies, O and M, some capital investment and personal services,” Napocor president Froilan Tampinco said earlier
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