CEBU CITY - The Freedom from Debt Coalition (FDC) Visayas Chapters will spearhead the Visayas Multi-Stakeholders Power Summit tomorrow, November 7, 2012 from 8AM-5PM at the Grand Ballroom (3/F) of the Cebu Business Hotel, Colon, Cebu City.

The Summit aims to galvanize different Visayas-based consumer groups, non-government organizations, electric cooperatives, labor groups, people’s organizations and local government units (LGUs) into action against the privatization of the independent power producer administrator (IPPA) of the Unified Leyte Geothermal Power Plant (ULGPP) in Tongonan, Leyte.

The ULGPP, which has a 1,958 MW installed capacity accounting for almost 13% of the country’s energy mix, is the single biggest source of electricity that powers the Visayas grid and reportedly the second biggest source of geothermal power in the world.

Among the other issues to be tackled are the power situationer in Visayas, the power privatization efforts of the government as well as alternatives to the Electric Power Industry Reform Act of 2001.

Expected speakers include DOE Secretary Jericho Petilla, Alliance of Visayas Electric Cooperatives (AVEC) Atty. Manuel Sano and FDC National Vice President Manjette Lopez.

Around 50 delegates from Eastern Visayas, Negros, Panay and Cebu are slated to attend. -30-

FDC Chapters