REC Resolution No. 2014-04-009 Revised Timeline for Coal

5th Philippine Energy Contracting Round (PECR5)
For Petroleum and Coal

Review and Evaluation Committee
Resolution No. 2014-06-009
24 June 2014

Pursuant to Department of Energy Circular No, DC2014-02-0005 (the "PECR5 Circular"), the Review and Evaluation Committee (REC) of the PECR5 for Petroleum and Coal unanimously passed the following resolutions:

RESOLVED, that there is a need to revise the PECR5 timeline for coal due to the adjustment in the PECR5 launching schedule on May 9, 2014 and the overlapping schedule of the REC/REC Secretariat with Petroleum International Road Show in Turkey scheduled on September 14 to 17, 2014;

RESOLVED, FURTHER that the REC recommends the revision of the coal timeline for the PECR5 as attached hereto as Annex "A";

RESOLVED, FINALLY that the proposed timeline for the coal under the PECR5 shall be submitted to the Secretary for approval and publication;

Adopted and Certified by the REC:

 

ZENAIDA Y. MONSADA
Undersecretary/REC Chair

 

JOSE RAYMUND A. ACOL
Assistant Secretary/REC Vice Chair

 

ATTY. ARTHUS T. TENAZAS
Director, Legal Services/REC Member

 

ARACELI S. SOLUTA
Director, Financial Services/REC Member

 

ATTY. RINO E. ABAD
Director, ERDB/REC Member

 

ANNEX "A"

TIMELINE FOR COAL

Original Proposed Activity
19 Sept 2014 26 September 2014

Last day of acceptance of PECR Application

(1100 hours, Philippine Standard Time)

Opening of PECR Application

(1330 hours, Philippine Standard Time)

21 Nov 2014 21 Nov 2014 Endorsement of winning applicants

Click link to view PDF file of Resolution No. 2014-06-009