With this, Napocor said it will be forced to reduce operating hours of its power plants to make the available fuel last until the end of the year, resulting in reduced power supply in some areas.
“It’s possible that there is no reduction in operating hours provided that Napocor will have the budget augmentation to procure additional fuel until the end of the year,” Napocor official Odette Rivera said in the same press briefing. Napocor President Fernando Martin Roxas, meanwhile, assured that they will work on rationing the available fuel for the entire year.
“If we can only work together to manage rationing it will be better for everybody. Of course, Napocor will continue to do its best to garner additional funding. But at some point, right we have to be prepared to actually bear some of the cost,” he said. —