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Bacolod City, Philippines Saturday, March 11, 2006
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Negros power uprating
with 2 islands underway

The National Transmission Corp. said that the construction works for the submarine cable component of the Cebu-Negros Interconnection Uprating Project has already started last month and its completion is expected in June next year.

TransCo said in its Feburary report that the project, aimed to increase the carrying capacity of an existing submarine cable from 100 to 200 megawatts, will also commence ground works for the transmission line and substation components in April and will complete construction on November 2007.

The report also said that the Negros-Panay Interconnection Uprating Project, which will double the capacity of the existing line to 200 megawatts, will be awarded to the winning contractor this June. Its target completion is first quarter of 2008.

Alijis eyeing takeover of
unused southbound terminal

The Barangay Alijis Council is proposing to take over the operation of the facilities of the South terminal and market which has remained a white elephant for several years.

Bacolod City Administrator Lorendo Dilag yesterday said that Alijis Barangay Captain Pepito Malapitan wrote him about the proposal and he has endorsed the letter to the City Legal Office for opinion.

He said Malapitan has proposed the transfer of the "bagsakan" of vegetables and fruits at the Libertad Market to the Southbound terminal and market in Brgy. Alijis. The president of the Libertad Market Vendor's Association, Efren Mangalos, is in favor of the idea because it will help decongest traffic at the Libertad Market, he said.

Sugar prices drop
below P1,200/Lkg

Millgate prices of "B" or raw sugar eased further at the bidding on Thursday, declining below P1,200 per Lkg. after hitting the record-high more than P1,300 per Lkg last month.

Last week's prices ranged between P1,205 and P1,285 per Lkg. while this week, between P1,185 and P1,255, price monitor shows.

BISCOM sold its "B" sugar stocks at P1,220.08 (high) and P1,206.25 (low); Central Azucarera de La Carlota, P1,242 (high) and P1,230 (low); Hawaiian-Philippine Company, P1,255.20 (high) and P1,245.48 (low);

Business
Negros power uprating with 2 islands underway
Alijis eyeing takeover of unused southbound terminal
Sugar prices drop below P1,200/Lkg
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