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| President Gloria Macapagal-Arroyo welcomes to Malacanang officials of Redondo Peninsula Energy Inc. led by Jon Aboitiz who paid a courtesy call on her Friday (Nov. 16). A joint venture of Taiwan Cogeneration Corp. (TCC) and Aboitiz Power Corp. (APC), RP Energy will establish a 300-mw, $420-million coal-fired power plant in the Subic Bay Freeport Zone (SBMA) starting next year. (Marcelino Pascua- OPS/NIB Photo) | ||
