WHEREAS, it is necessary to establish certain basic policies for the attainment of said objective;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution as Commander-in-Chief of all the Armed Forces of the Philippines, and pursuant to Proclamation No. 1081, dated September 21, 1972, and General Order No. 1, dated September 22, 1972, do hereby order and decree, as part of the law of the land, the following basic policies for the electric power industry:
a) The setting up of island grids with central/linked-up
generation facilities.
b) The setting up of cooperatives for distribution of power.
a) Plant additions necessary to meet the increase in power demand of
the area embraced by any grid set up by the NPC shall be constructed and
owned by the NPC.
b) In areas not embraced by the NPC grid, the State shall permit
cooperatives, private utilities and local governments to own and operate
isolated grids and generation facilities, subject to state regulation.
a) Cooperatives
b) Private utilities
c) Local governments
d) Other entities duly authorized subject to state regulation.
Done in the City of Manila, this 7th day of November, in the year of Our Lord, nineteen hundred and seventy-two.
(Sgd.) FERDINAND E. MARCOS
President
Republic of the Philippines
By the President:
(Sgd.) ALEJANDRO MELCHOR Executive Secretary