(PERIOD COVERING NOVEMBER 2008 TO APRIL 2009)

I. INTRODUCTION

The 14th Status Re port of Electric Power Industry Reform Act ( EPIRA ) Implementat ion covers the period November 2008 to April 2009. The report highlights continuing implementation of the reforms as set forth in Republic Act 9136 or EPIRA amidst the challenges posed by the gl obal financial crisis which affected several key reforms agenda particularly that of privatizing the remaining generating assets and the transfer of I ndependent P ower P roducer (IPP) contracts to independent administrators. The task ahea d for the energy sec tor is more complicated, howeve r, the Department of Energy (DOE) , it s attached agencies and the Energy Regulatory Commission (ERC) remained steadfast in carrying out their respective and collective mandate towards the fulfillment of EPIRA objectives.

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