Mr. Jesus N. Alcordo

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  www.sunstar.com.ph/static/ceb/2008/01/16/news/3.new.82. - [Cached Version]
  Published on: 1/16/2008    Last Visited: 1/16/2008  

  "We want to be able to start ahead of any competitor," said Jesus Alcordo, president of Global Business Power Corp., a member of the Cebu Power Corp., which will own and operate the proposed new capacity power plants in Toledo City, Cebu.
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  * Alcordo and Erramon Aboitiz of AP and Aboitiz Equity Ventures (AEV) assured that the power rates from the plants will be competitive.
  
  * Aboitiz said AP's involvement in the Cebu Power Corp. will not sway Veco's assessment of future power supply agreements.He said power supply agreements of Veco, controlled by the Aboitiz Group, will still be evaluated by the Energy Regulatory Commission (ERC).
  
  * The plants will be built with the equity from consortium members and bank borrowings.Alcordo and Aboitiz said with pricing stability in mind, they are inclined to borrow in peso.
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  Alcordo said all power supply agreements and rate adjustments pass through a series of public hearings.
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  Alcordo said many banks are interested to finance the project.
  
  He said the consortium is more inclined to borrow in peso to ensure stable pricing.
  
  Aboitiz agreed that the consortium's main consideration in deciding whether or not to borrow in peso or dollar would be price stability.
  
  ‘Clean coal technology'
  
  Amid earlier opposition against coal power plants, Alcordo said the future facilities in Toledo will use "clean coal technology" that involves the use of circulating fluidized bed (CFB).
  
  He said the CFB technology ensures that sulfur oxide and nitrogen oxide emissions are below World Bank standards.
  
  A group called Cebu Alliance for Renewable Energy (Care) opposed the establishment of two coal-fired power plants in Naga that are reportedly designed based on the same technology.Korean Electric Philippines Corp. and Salcon Power are building two 100-mw coal-fired power plants in Naga.
  
  Alcordo said the same technology is being used by power plants of Formosa Heavy Industries in Taiwan and the United States, "where emissions are always below standards (tolerable limits)."
  
  Alcordo also said the future plants in Toledo will support local coal miners even though the local variety has low energy value.
  
  For Bisaya stories from Cebu.Click here.

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  chbrl.usrxclub.com/other_people_whose_work_is_more.html - [Cached Version]
  Last Visited: 6/12/2008  

  alternative medikamenten zu We do not have a bank to finance the project yet but there are many banks that have expressed interest in financing the project," said Global Business president Jess Alcordo, brake pedal noise former president of the National Power Corp.

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  www.ccebu.net/cipc/?q=node/313 - [Cached Version]
  Published on: 2/4/2008    Last Visited: 8/7/2008  

  Global Power president Jesus Alcordo said the facility would supply power to Cebu, Negros and Panay islands.Manila Standard Today

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  philippine-energy-sector-search-engine-swicki.eurekster - [Cached Version]
  Last Visited: 1/19/2008  

  ... the Napocor president then, Jess Alcordo, hesitated to collect from Meralco. ... to the Philippine Daily Inquirer newspaper in the Philippines, ca ...
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  ... of the Energy Regulatory Commissionâ€"Oliver Butalid and Jesus "Jess" Alcordo.Jess has reached the retirement age after serving previousl ...
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  MANILA, Philippines -- What ... obligation, the Philippine government guaranteed Napocor's ... Napocor president then, Jess Alcordo, hesitated to coll ...
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  Sat, Jan 19, 2008 12:29 AM Philippines 25°C to 33°C ... said Global Business president Jess Alcordo, former president of the National Power Corp. ......
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  ... power plant were GPBC's President Jess Alcordo, Assistant Vice President Engr. ... plant that supplies bulk of the electricity requirements of the ...
  
  www.thenewstoday.info/2007/11/29/priests.hear.both.sides.of....
  
  0votes Click to vote UP for this Result Click to vote DOWN for this Result Comment on this result
  
  Congratulations to Jess Alcordo and Roger Murga for professionally handling ... competitive adequate supply of electricity to their franchise customer ...
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  LinkedIn: Jess Alcordo
  
  Jess Alcordo's professional profile on LinkedIn. ... Jess Alcordo.Commissioner.Philippines.Connections.1 connection.Industry.Oil & Energy ...

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  www.mb.com.ph/BSNS20080204116151.html - [Cached Version]
  Published on: 2/3/2008    Last Visited: 2/3/2008  

  Global Power President Jesus Alcordo said that the proposed power plant will also supply power to the Negros and Panay Island.
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  Alcordo said the Cebu-Negros-Panay grid is facing a looming power crisis that will adversely impact on the economy of the three islands if the supply problem will not be addressed. (JAL)

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  www.asiawise.com/PrintArticle.asp?articleid=2368&printa - [Cached Version]
  Published on: 12/20/2001    Last Visited: 12/20/2001  

  National Power Corp. (Napocor) president Jesus Alcordo says the plunder charges against him are "fictitious" and part of a smear campaign."I have talked to the heads of all the unions of Napocor employees, and they said there was no such group as the Crusaders Against Graft and Corruption [within Napocor]," he told the Philippine Inquirer.It was thought to be an inside job.It turns out the chap making all the plunder noise is the nicely named Maharlika CRUZADO de Verguenza.He's not an employee, although why this should matter reports don't make very clear.In the event, Cruzado's group has accused Alcordo of plundering Napocor of 470 million pesos.In October, an unidentified source told the Inquirerpaper that "congressmen received between 2.5 million and five million pesos during the last few days [prior…] to the passage of the power bill, enabling it to go public."One can't be sure if the plunder numbers add up.This is a complicated business and serious students of Philippine plunder are advised to go directly to the archives.For more, click here.
  
  Singapore

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  01Mar01-Weak AFP leadership - [Cached Version]
  Published on: 3/21/2002    Last Visited: 11/30/2002  

  Jess Alcordo, an Aboitiz pointman, was earlier named to the energy department but since he was a long-time employee of the Salim group of Indonesia that has substantial interests in power generation, he was yanked out and named Napocor chief.
  
  It was during the incumbency of an Aboitiz that the country suffered the most crippling power crisis since World War II.From 1991 to 1995, an Aboitiz failed to solve the problem.It is thought that another Aboitiz man would only aggravate it.
  
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  06jun04-Classroom lack again? - [Cached Version]
  Published on: 1/1/2006    Last Visited: 4/23/2007  

  When the partnership was signed in 1993 the president and part-owner of East Asia's Philippine operations reportedly was none other than Jesus Alcordo who now sits as a commissioner of the powerful Energy Regulatory Commission.

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  06jun08-Drilon a gentleman? - [Cached Version]
  Published on: 1/1/2006    Last Visited: 4/23/2007  

  ALCORDO SIGNED IT: I have a photocopy of Resolution No. 21 showing one Commissioner Jesus N. Alcordo as one of three ERC officials who had signed it.The other signatories were Chairman Rodolfo B. Albano Jr. and Commissioner Alejandro Z. Barin.
  
  Other documents I have show a Jesus Alcordo as one who has or has had significant business ties with YNN local stakeholder, Filipino-Chinese businessman Sunny Sun.
  
  The ERC and Alcordo had denied that Resolution No. 21 was meant to open a window and are aghast at insinuations that Alcordo signed it with the majority to help his friend Sunny Sun.
  
  But some years back, Sen.Juan Ponce Enrile also showed documents that Alcordo, as president of East Asia Power Corp., paid Sunny Sun $3 million in "success fees" to obtain a Meralco contract for his East Asia Power barges based in Navotas.

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  06jun20-Winner has no funds? - [Cached Version]
  Published on: 1/1/2006    Last Visited: 4/23/2007  

  Is it coincidental, or providential, that among the three of the five ERC commissioners who signed the controversial resolution last May was Jesus Alcordo, who has had significant business dealings with Sunny Sun?
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  Jesus Alcordo, the ERC commissioner, was once president of Duracom and an officer of another Sun-controlled company.
  
  Alcordo said he had divested all interests and holdings in his companies as well as those related to Sunny Sun's operations.For his own sake, he may want also to tell the public to whom he sold his shares, for how much, and how much he had paid in taxes.

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