PROFILE |
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National Power Corporation (Napocor) can't be caught napping now that a crucial privatization bill has been approved by the Philippine Congress. The state-owned utility builds and operates nuclear, geothermal, hydroelectric, oil, and solar power-generating facilities and works with independent power producers under a build-operate-transfer program. Its transmission network has a line length of more than 12,700 circuit miles. With a generating capacity of more than 5,200 MW, Napocor sells to electricity distributors and industrial companies. Once the privatization bill takes effect, the company will sell off its generation assets and concentrate on operating the national transmission grid.
COMPETITION |
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Covanta Energy Corporation (COV)
Marubeni Corporation (MARUY)
MidAmerican Energy Holdings Company (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 2,231.80
1-Yr. Sales Growth: 5.4%
Employees: 9,862
Revenue per employee: $226,302.98
KEY PEOPLE |
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Federico E. Puno
CEO
Merlita Pajarillo
CFO
CONTACT INFO |
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Quezon Ave., East Triangle, Diliman
Quezon City Metro Manila, Philippines
Phone: 63-921-2812
Fax: 63-292-5480
Online: Web Site
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