{"id":124925,"date":"2008-08-01T21:59:00","date_gmt":"2008-08-01T21:59:00","guid":{"rendered":"http:\/\/b0efa0fe-1dfb-11e4-aedf-250bc8c9958e"},"modified":"2008-08-01T21:59:00","modified_gmt":"2008-08-01T21:59:00","slug":"b0efa112-1dfb-11e4-aedf-250bc8c9958e","status":"publish","type":"post","link":"https:\/\/www.saipantribune.com\/index.php\/b0efa112-1dfb-11e4-aedf-250bc8c9958e\/","title":{"rendered":"New law OK\u2019d for Aggreko deal"},"content":{"rendered":"<p>Gov. Benigno R. Fitial has approved legislation exempting emergency power contracts from review by the Public Utilities Commission.<\/p>\n<p>The governor\u2019s action cleared the last remaining legal obstacle to efforts by the Commonwealth Utilities Corp. to acquire emergency power from the U.K.-based Aggreko International.<\/p>\n<p>All that is left to be done, according to CUC executive director Antonio S. Muna, is for the Marianas Public Land Trust to release the money for the initial contract payment for Aggreko.<\/p>\n<p>CUC has hired the U.K.-based Aggreko International to provide up to 15 megawatts of temporary power to Saipan. The island is currently suffering constant blackouts due to the poor condition of its power plant. <\/p>\n<p>Under the $6-million contract, CUC must make an initial payment of $1.5 million before Aggreko brings the rental generators into Saipan. Last week, the Legislature passed a law earmarking $3.4 million of future MPLT income to CUC. The earmark includes $1.5 million for the Aggreko deal. The MPLT board of trustees is expected to take up the matter in a meeting Monday morning.<\/p>\n<p>\u201cRight now, we\u2019re just waiting for MPLT to make the decision to disburse the money. Until they make that decision, I can\u2019t do anything,\u201d said Muna.<\/p>\n<p>CUC previously promised to pay the $1.5 million by July 31, 2008. Aggreko, in a letter to Muna, agreed to hold the rental generators up to that date. Muna was scheduled to meet with a visiting Aggreko representative last night to update the company about the situation and ask for more time to make the payment.<\/p>\n<p>\u201cAt this point, it\u2019s pretty much their call to keep holding the equipment for us. Those generators are very much in demand,\u201d Muna said.<\/p>\n<p>On Thursday, the Senate and House of Representatives held back-to-back session to approve the bill exempting emergency power contracts such as Aggreko\u2019s from PUC review. The Senate voted unanimously to pass the measure. The bill was immediately sent to the House of Representatives, which voted 9-6 to approve it.<\/p>\n<p>With Fitial\u2019s signature, the bill is now Public Law 16-9.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gov. Benigno R. Fitial has approved legislation exempting emergency power contracts from review by the Public Utilities Commission.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-124925","post","type-post","status-publish","format-standard","hentry","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/124925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=124925"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/124925\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=124925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=124925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=124925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}