(PERIOD COVERING NOVEMBER 2010 TO APRIL 2011)
I. INTRODUCTION
This report, covering the month of November 2010 up to April 2011, serves as a summary update of particular developments in pursuit of the Government to restructure and privatize the power sector. Important milestones were noted in improving competition in the generation sector with the expansion of WESM in the Visayas and the implementation of an institutional change meant to shape up the operations of Electric Cooperatives.
Power supply situation improved with the entry of new capacities and robust implementation of appropriate actions plans to stabilize the system. Likewise, completion of the remaining precondition for the implementation of open access and retail competition were achieved. Further, efforts were focused in the amendments of the EPIRA particularly in extending the life of the Joint Congressional Power Commission (JCPC) and the implementation of Section 72 on the Lifeline Rates.