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Executive Order No. 81 (2012)
was enacted to provide a framework for the restructuring of the electric power industry, including the privatization of assets of the National Power Corporation, the transition to the desired competitive structure, and the definition of the responsibilities of various government agencies and private entities;
SECTION 1.
Creation and Mandate. There is hereby created a Mindanao Power Monitoring Committee (MPMC) to spearhead and coordinate the efforts of the national, regional and local governments, and power industry stakeholders to improve the power situation in Mindanao.
SECTION 2.
Composition. The MPMC shall be headed by the Mindanao Development Authority (MinDA), with the following as members:
a. Department of Energy (DOE);
b. Energy Regulatory Commission (ERC);
c. National Electrification Administration (NEA);
d. National Power Corporation (NPC); and
e. Power Sector Assets and Liabilities Management Corporation (PSALM).
The representatives of the Mindanao Electric Power Alliance (MEPA) and Association of Mindanao Rural Electric Cooperatives (AMRECO) are likewise enjoined to become members of the MPMC.
SECTION 3.
Duties and Functions. The MPMC shall have the following primary duties and functions:
a. Develop a database containing vital information regarding the power sector inMindanaoand other matters that may affect it;
b. Assess the current situation of the power sector inMindanaoand evaluate the viability of the Mindanao Power Summit recommendations;
c. Regularly submit reports and recommendations to the President; and
d. Perform such other duties and functions as may be necessary to implement this Executive Order (EO).
SECTION 4.
Secretariat. MinDA shall serve as the Secretariat of MPMC and shall provide the necessary administrative support. It shall also serve as the repository of all documents and records of the MPMC.
SECTION 5.
Agencies— Support. The MPMC may seek the assistance of and may call upon other government agencies, government-owned and -controlled corporations (GOCCs), and other relevant entities to assist them in the performance of their mandate under this EO.
SECTION 6.
Funding. The initial funding requirement for the first year of operations of the MPMC shall be determined jointly by the Department of Budget and Management (DBM) and MinDA, and sourced from the Contingent Fund and such other sources as may be identified by DBM. Thereafter, the amount needed for the operation of the MPMC shall be incorporated in the regular budget of MinDA.
SECTION 7.
Repealing Clause. All orders, rules, regulations, and issuances, or parts thereof, which are inconsistent with this EO, are hereby repealed, amended, or modified accordingly.
SECTION 8.
Separability Clause. If any provision of this EO is declared invalid or unconstitutional, the other provisions not affected thereby shall remain valid and subsisting.
SECTION 9.
Effectivity. This EO shall take effect immediately upon its publication in a newspaper of general circulation.
DONE, in the City of Manila, this 30th day of July, in the year of our Lord, Two Thousand and Twelve.
(Sgd.) BENIGNO S. AQUINO III
By the President:
(Sgd.) PAQUITO N. OCHOA, JR. Executive Secretary