Delegate Jonathan Isechal commented on the pending deliberation by the Senate on Palau’s Power Purchase Agreement (PPA) with French company, Engie Eps, saying that it is not the national congress’ job to negotiate for the deal. Isechal, who chairs the House of Delegates’ (HOD) Committee on Ways and Means that was responsible for examining the […]
Tag: PPA
Posted inTop Stories
PPA deadline looms, Anastasio calls for Senate decision
With December deadline looming for approval of the amended and restated Power Purchase Agreement (PPA) between Palau Public Utilities Corporation (PPUC) and Engie Eps, House Speaker Sabino Anastacio calls for a decisive action by the Senate. “Vote yes or no to the PPA, so that we can either stop or move forward,” he says of […]
Posted inTop Stories
Legal opinion states lack of PEA promulgated rules harmless on power purchase deal but…
The Attorney General’s Office issued two separate legal opinions on Palau’s Power Purchase Agreement (PPA) with French company Engie Eps stating that although the Palau Energy Administration’s (PEA) lack of promulgated regulation is harmless to the validity of the contract, exempting any independent power producer from tax, however, is prohibited by law. The Senate’s refusal […]
Posted inTop Stories
PPA negotiations still on
As the saying goes, “the devil is in the details”, as the on-going saga of Power Purchase Agreement continued to be discussed between Public Utilities Corporation (PPUC), Olbiil Era Kelulau and the Engie EPS group. The agreement recently signed between PPUC and a majority owned French company Engie EPS, caught flag from the Senate as […]
Posted inTop Stories
PPA’s suspension of flights is not the end of Chinese tourists: Palau President
President Tommy Remengesau, Jr. expressed his optimism that Palau will overcome the challenges faced by its tourism industry, the country’s strongest economic driver, saying that Palau is a resilient country and his people have always come together as a nation. Sea Passion Group’s recent announcement of halting service flights through its airline, Palau Pacific Airways […]