GIANTS. Performers of the Tinabuay Festival of Murcia, Negros Occidental, will showcase 18 of these giant Sto. Niños on January 23 during the grand finale of the Sinulog Festival in Cebu City.* (Ronnie Baldonado photo)
P2B solar plant to rise in Bacolod
BY MARK L. GARCIA
A P2 billion 50-megawatt solar power plant will soon rise in Bacolod City, as a homegrown firm and a Korea-based company signed a memorandum of understanding at L’Fisher Hotel last night.
The signing of the MOU by the presidents of the Bacolod-based Amatera Renewable Energy Corp. and Korean company TPC Construction Co. marks the first renewable energy plant to be put up in the capital of Negros Occidental, that is targeted to be completed by 2020.
City tax collection hits P1.4B
The Bacolod City Treasurer’s Office collected P1,444,728,501 in real property taxes and other non-tax revenues in 2018, City Treasurer Giovanni Balalilhe said yesterday.
Balalilhe, his report to Mayor Evelio Leonardia, said the Bacolod collection target for 2018 set by the Department of Finance – Bureau of Local Government Finance (DoF-BLGF) was only P1,013,816,656. A press release from the mayor’s office said.“Our collection efficiency was 143 percent, meaning we exceeded the target of DoF-BLGF,” Balalilhe said.
Exec: Local sugarcane supply
should keep up with demand
BY MARK L. GARCIA
With the diversification of various alcohol companies toward bioethanol energy in the country, an executive of Tanduay Distillers Inc. said that low local supply of sugarcane should be addressed to keep up with the demand.
Chief Financial Officer Nestor Mendones said one of the challenges that alcohol companies, like Tanduay, are facing is the cost of molasses and the supply of sugarcane as they feared it will be limited, seeing that about 15 companies listed by the Sugar Regulatory Administration will now produce bioethanol fuel.Tanduay is using 100 percent sugar produced in Negros Occidental in its distillery facility in Pulupandan town, that produces about 80,000 liters of alcohol a day, Mendones said.