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Costly expense of maintaining Philippines non-operational nuclear power plant

Nuclear plant gets funds By Amy R. Remo Philippine Daily Inquirer,
http://business.inquirer.net/101475/nuclear-plant-gets-funds January
6th, 2013 MANILA, Philippines—State-run National Power Corp. has
secured lawmakers’ nod to allocate P50 million this year for the
upkeep of the mothballed 630-megawatt Bataan Nuclear Power Plant
(BNPP).
In an interview with the Inquirer, Napocor president Froilan A.
Tampinco said that both houses of Congress as well as the Department
of Budget and Management (DBM) had agreed to reinstate the proposed
budget for the maintenance of the country’s first and only nuclear
facility.
Tampinco said that with sufficient explanation, Napocor was able to
convince Congress of the necessity of such an allocation for a
government asset that has remained idle for decades, yet one that the
Department of Energy said cannot be neglected.
The BNPP was built during the Marcos era by Westinghouse Electric at a
cost of $2.2 billion. It was mothballed in 1986 due to safety
concerns, even before it could begin operations.

January 7, 2013 - Posted by | Philippines, politics

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