MALACAÑAN PALACE
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
[ MEMORANDUM ORDER NO. 496, March 6, 1975 ]
CONSTITUTING A PANEL TO NEGOTIATE WITH THE EXPORT-IMPORT BANK OF JAPAN FOR A LOAN TO FINANCE THE AGUS NO. 2 HYDRO-ELECTRIC PROJECT OF THE NATIONAL POWER CORPORATION
There is hereby constituted a panel to negotiate with the Export-Import Bank of Japan for a loan of ¥2,863,000,000 to partially finance the contract for the supply and installation of the turbine-generator sets and auxiliaries of the Agus River No. 2 Hydroelectric Project of the National Power Corporation, the membership of which is as follows:
Mr. Ramon R. Ravanzo General Manager National Power Corporation |
Chairman |
Atty. Marcelino Ilao Legal Counsel National Power Corporation |
Member |
Mrs. Angelina Tiangco Central Bank |
Member |
Mr. Francisco Corona Department of Finance |
Member |
All government departments, bureaus, offices, agencies and instrumentalities are hereby enjoined to extend the necessary cooperation and assistance to the Negotiating Panel for the successful completion of its functions.
For immediate compliance.1aшphi1
By authority of the President:
(SGD.) ALEJANDRO MELCHOR
Executive Secretary
Manila, March 6, 1975
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