The National Federation of Sugarcane Planters yesterday called on the Sugar Regulatory Administration to review its position on the need to continue allocations for “A” sugar.

NFSP president Enrique Rojas wrote SRA Administrator Rafael Coscolluela yesterday and said that “A” sugar sells at prices below production cost and causes losses to planters. He said they subscribe to the “A” sugar allocation because they value their commitment to the United States.

He, however, added that since they have already filled-up the US Quota, SRA should stop allocating for “A” sugar as soon as possible.

NegOr hydro plant
slated for bidding

A small hydroelectric plant in Amlan, Oriental Negros, is up for sale and letters of interest will be accepted until April 29, the Power Sector Assets and Liabilities Management Corp. announced.

The 0.8-megawatt plant, located in Brgy. Pasalan, has two 400-kilowatt turbine generators and operates as a base-load plant supplying power to Amlan and its neighboring areas.

PSALM said the bidding package will be issued to compliant interested parties from April 24 to April 30. Due diligence activities will be conducted from April 14 to 23 June.

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