A
collection of Philippine laws, statutes and codes
not
included or cited in the main
indices
of
the
Chan Robles Virtual Law Library
PRESIDENTIAL DECREE NO. 395
|
PRESIDENTIAL DECREE NO. 395 -
FURTHER AMENDING REPUBLIC ACT NUMBERED SIXTY-THREE HUNDRED NINETY-FIVE,
ENTITLED "AN ACT REVISING THE CHARTER OF THE NATIONAL POWER
CORPORATION," AS AMENDED
|
chanroblesvirtualawlibrary
I,
FERDINAND E. MARCOS, President of the Philippines, by virtue of the
powers vested in me by the Constitution as Commander-in-Chief of the
Armed Forces of the Philippines, and pursuant to Proclamation No. 1081,
dated September 21, 1972, and General Order No. 1, dated September 22,
1972, as amended, do hereby further amend Republic Act No. 6395, as
amended, particularly Section 1(g), to read as follows:cralaw:red
"(g) To construct, operate and maintain power
plants, auxiliary plants, dams, reservoirs, pipes, mains, transmission
lines, power stations and substations, and other works for the purpose
of the developing hydraulic power from any river, creek, lake, spring
and waterfall in the Philippines and supplying such power to the
inhabitants thereof; to acquire, construct, install, maintain, operate,
and improve gas, oil or steam engines, and/or other prime movers,
generators and machinery in plants and/or auxiliary plants for the
production of electric power; to establish, develop, operate, maintain
and administer power and lighting system for the transmission and
utilization of its power generation; to sell electric power in bulk to
(1) industrial enterprises, (2) city, municipal or provincial system
and other government institutions, (3) electric cooperatives, (4)
franchise holders, and (5) real estate subdivisions; Provided, That the
sale of power in bulk to industrial enterprises and real estate
subdivisions may be undertaken by the Corporation when the power
requirement of such enterprises or real estate subdivisions is not less
than 100 kilowatts, Provided, further, that no restriction shall apply
to sale of power in bulk to enterprises registered with the Board of
Investments; Provided, finally, That the Corporation shall continue to
sell electricity to industrial enterprises under existing contracts,
and provide for the collection of charges for any service
rendered;" chanroblesvirtualawlibrary
Done in the City of Manila,
this 26th day of February , in the year of Our lord, nineteen hundred
and seventy-four.
|
Back
to Home
- Back
to Main
chanroblesvirtuallawlibrary
Since 19.07.98
|
