Trail of Power Mess Leads to Ramos

Name of Plant :	100 MW Binga Hydroelectric Power Plant (A16)
Name of IPP :	Originally China Chang Jiang Energy Corp. (CCJEC Group), then China Chiang Jiang Energy Corp (CCJEC Phils.), then Binga Hydroelectric Plant, Inc. (BH.EPI), then, Securities and Exchange Commission-Management Committee (SEC-MANCOM), now Itogon Power Gene
Contract Type :	Rehabilitate-Operate-Leaseback (ROL)/Energy Conversion Agreement/Solicited
Status of Plant :	ROL Contract Terminated/Plant is Operating
Cooperation Period :	Not Applicable (Terminated as of 28 August 2000)

Nature of Issue	Issue	Recommendation
Unresolved claims and disputes	a. SHEPI demands payments of energy fees.	Outstanding issues with Binga Hydroelectric Plant, lnc. (BHEPI) will have to be resolved before any future plans for BHEP (i.e., ROL contract or privatization) will be undertaken by NPC.
	b. NPC asserts that there was an overpayment of energy fees due to inclusion of value added tax in the energy billings of BHEPI.

	c. NPC claims that BHEPI's meters are defective and that BHEPI's� claims for unpaid energy fees is� overstated.	In the view of the long-standing dispute between NPC and BHEPI, DOJ should look into the issue of unresolved claims and dispute.

	d. NPC claims liquidated damages from BHEPI of US$4.402 miIlion for the delay in the operation of BHEP and non-completion of rehabilitation works.

	e. BHEPI's subcontractors and employees have various outstanding claims from NPC.