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Amreco Psag Corporation

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AMRECO PSAG CORPORATION

Earlsbridge Bldng. 4th flr., 15th Tomas Saco St., Nazareth, Cagayan de Oro City
Cash Security Deposit Requirement Schedule

Name of EC

ANECO
ASELCO
BUSECO
CAMELCO
COTELCO
DANECO
DASURECO
DORECO
FIBECO
LANECO
MOELCI-1
MORESCO-1
SIARELCO
SOCOTECO-1
SUKELCO
SURNECO
SURSECO-1
SURSECO-2
ZAMSURECO-1
ZAMSURECO-2
ZANECO
TOTAL

Allocated Energy
Allocated Energy
Allocated Demand (MW)
(MWh) for 300MW
(MWh) for 300MW
for 300MW
[Average
[Annual]
Monthly]

24.25
12.13
12.45
1.87
18.54
40.05
21.89
11.97
14.76
5.52
4.67
30.27
1.85
17.52
9.80
16.29
4.34
10.29
15.91
10.47
15.17

212,435
106,224
109,042
16,366
162,443
350,818
191,721
104,834
129,291
48,367
40,945
265,191
16,218
153,437
85,865
142,663
38,041
90,174
139,356
91,721
132,847

17,703
8,852
9,087
1,364
13,537
29,235
15,977
8,736
10,774
4,031
3,412
22,099
1,352
12,786
7,155
11,889
3,170
7,515
11,613
7,643
11,071

300

2,628,000

219,000

Monthly Prudential
Guarantee
Requirement

109,050,040.05
54,528,461.04
55,974,915.77
8,401,446.15
83,387,531.66
180,086,642.55
98,416,684.18
53,814,543.76
66,369,515.93
24,828,591.31
21,018,181.12
136,131,543.17
8,325,373.15
78,764,084.37
44,077,353.88
73,233,579.07
19,527,506.53
46,289,528.01
71,536,195.38
47,083,424.71
68,194,858.21
1,349,040,000

Monthly
Amortization (60
months)

1,817,500.67
908,807.68
932,915.26
140,024.10
1,389,792.19
3,001,444.04
1,640,278.07
896,909.06
1,106,158.60
413,809.86
350,303.02
2,268,859.05
138,756.22
1,312,734.74
734,622.56
1,220,559.65
325,458.44
771,492.13
1,192,269.92
784,723.75
1,136,580.97
22,484,000

Commitment

21,810,008.01
10,905,692.21
11,194,983.15
1,680,289.23
16,677,506.33
36,017,328.51
19,683,336.84
10,762,908.75
13,273,903.19
4,965,718.26
4,203,636.22
27,226,308.63
1,665,074.63
15,752,816.87
8,815,470.78
14,646,715.81
3,905,501.31
9,257,905.60
14,307,239.08
9,416,684.94
13,638,971.64
269,808,000.00
0

OK
OK
OK
OK
2 weeks
OK
2 weeks
OK
OK
OK
OK
OK Demand
OK

Adjustment on Allocation
Verify with GM

Check Demand on DOREC


Verify with GM

Check with Surseco 1


OK
OK
Verify with GM
Verify with GM

Per Year

269,808,000.00

Adjustment on Allocation
Verify with GM
Check Demand on DORECO
Verify with GM

Check with Surseco 1

Verify with GM
Verify with GM

AMRECO PSAG CORPORATION


Earlsbridge Bldng. 4th flr., 15th Tomas Saco St., Nazareth, Cagayan de Oro City
Cash Security Deposit Requirement Schedule

Name of EC

ANECO
ASELCO
BUSECO
CAMELCO
COTELCO
DANECO
DASURECO
DORECO
FIBECO
LANECO
MOELCI-1
MORESCO-1
SIARELCO
SOCOTECO-1
SUKELCO
SURNECO
SURSECO-1
SURSECO-2
ZAMSURECO-1
ZAMSURECO-2
ZANECO
TOTAL

Allocated Demand
(MW) for 300MW

24.25
12.13
12.45
1.87
18.54
40.05
21.89
11.97
14.76
5.52
4.67
30.27
1.85
17.52
9.80
16.29
4.34
10.29
15.91
10.47
15.17
300

Revised
Allocated
Demand MW

5.00
10.00

3.00

18

Allocated Energy Revised Energy


Allocated Energy
Revised Allocated (MWh) for 300MW
MWh
(MWh) for 300MW
Energy MWh
[Average
(Average
[Annual]
Monthly]
Monthly)

212,435
106,224
109,042
16,366
162,443
350,818
191,721
104,834
129,291
48,367
40,945
265,191
16,218
153,437
85,865
142,663
38,041
90,174
139,356
91,721
132,847

0
0
0
0
43,800
87,600
0
0
0
26,280
0
0
0
0
0
0
0
0
0
0
0

17,703
8,852
9,087
1,364
13,537
29,235
15,977
8,736
10,774
4,031
3,412
22,099
1,352
12,786
7,155
11,889
3,170
7,515
11,613
7,643
11,071

0
0
0
0
3,650
7,300
0
0
0
2,190
0
0
0
0
0
0
0
0
0
0
0

2,628,000

157,680

219,000

13,140

Monthly Prudential
Guarantee
Requirement

109,050,040.05
54,528,461.04
55,974,915.77
8,401,446.15
83,387,531.66
180,086,642.55
98,416,684.18
53,814,543.76
66,369,515.93
24,828,591.31
21,018,181.12
136,131,543.17
8,325,373.15
78,764,084.37
44,077,353.88
73,233,579.07
19,527,506.53
46,289,528.01
71,536,195.38
47,083,424.71
68,194,858.21
1,349,040,000

Per Year

Revised Prudential
Monthly
Revised Monthly
Guarantee
Amortization (60 Amortization Php
Requirement
Php
months)
(60 months)

22,484,000.00
44,968,000.00
13,490,400.00
80,942,400

1,817,500.67
908,807.68
932,915.26
140,024.10
1,389,792.19
3,001,444.04
1,640,278.07
896,909.06
1,106,158.60
413,809.86
350,303.02
2,268,859.05
138,756.22
1,312,734.74
734,622.56
1,220,559.65
325,458.44
771,492.13
1,192,269.92
784,723.75
1,136,580.97
22,484,000

374,733.33
749,466.67
224,840.00
1,349,040

Commitment

21,810,008.01
10,905,692.21
11,194,983.15
1,680,289.23
16,677,506.33
36,017,328.51
19,683,336.84
10,762,908.75
13,273,903.19
4,965,718.26
4,203,636.22
27,226,308.63
1,665,074.63
15,752,816.87
8,815,470.78
14,646,715.81
3,905,501.31
9,257,905.60
14,307,239.08
9,416,684.94
13,638,971.64
269,808,000.00
0

OK
OK
OK
OK
2 weeks
OK
2 weeks
OK
OK
OK
OK
OK Demand
OK

Adjustment on Allocation
Verify with GM
Check Demand on DORECO
Verify with GM

Check with Surseco 1


OK
OK
Verify with GM
Verify with GM

269,808,000.00

LIST OF CURRENT CONTRACTS OF THE ELECTRIC COOPERATIVES IN MINDANAO


PSALM
TOTAL
TMI ESA Other IPPs
EC NAME
No.
CSEE
Actual
MW
MW
MW
MW
CONTRACT
1 ANECO
37.00
50.00
15.00
0.00
52.00
2 ASELCO
12.00
25.00
8.00
0.00
20.00
3 BUSECO
13.00
23.00
5.00
0.00
18.00
4 CAMELCO
2.50
3.10
1.00
0.00
3.50
5 COTELCO
27.00
35.00
8.00
0.00
35.00
6 DANECO
46.00
75.00
15.00
0.00
61.00
7 DASURECO
21.00
35.00
12.00
0.00
33.00
8 DORECO
8.70
17.00
6.00
0.00
14.70
9 FIBECO
23.60
28.00
0.00
4.50
28.10
10 LANECO
7.50
12.00
0.00
0.00
7.50
11 MAGELCO
6.20
8.90
0.00
0.00
6.20
12 MOELCI-1
5.70
8.70
2.00
0.00
7.70
13 MOELCI-2
15.90
20.00
3.00
0.00
18.90
14 MORESCO-1
22.00
22.00
0.00
0.00
22.00
15 MORESCO-2
0.00
0.00
0.00
16 SIARELCO
3.00
3.00
0.00
0.00
3.00
17 SOCOTECO-1
31.80
32.00
4.00
0.00
35.80
18 SOCOTECO-2
72.00
104.00
30.00
0.00
102.00
19 SUKELCO
15.50
20.00
5.00
0.00
20.50
20 SURNECO
17.00
24.00
8.00
0.00
25.00
21 SURSECO-1
6.00
8.30
2.00
0.00
8.00
22 SURSECO-2
7.60
9.50
3.00
0.00
10.60
23 ZAMCELCO
65.00
85.00
18.00
0.00
83.00
24 ZAMSURECO-1
19.58
28.00
5.00
0.00
24.58
25 ZAMSURECO-2
11.00
20.00
4.00
5.00
20.00
26 ZANECO
24.00
30.00
5.00
0.00
29.00
TOTAL
520.58
726.50
159.00
9.50
689.08

SURPLUS /
DEFICIT
MW
2.00
-5.00
-5.00
0.40
0.00
-14.00
-2.00
-2.30
0.10
-4.50
-2.70
-1.00
-1.10
0.00
0.00
0.00
3.80
-2.00
0.50
1.00
-0.30
1.10
-2.00
-3.42
0.00
-1.00
-37.42

LIST OF MINDANAO ELECTRIC COOPERATIVES WITH ENERGY SUPPLY AGREEMENT TO THERMA MARINE INC.
RATE IMPACT ANALYSIS
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

EC Name
ANECO
ASELCO
BUSECO
CAMELCO
COTELCO
DANECO
DASURECO
DORECO
MOELCI-1
MOELCI-2
SOCOTECO-1
SOCOTECO-2
SUKELCO
SURNECO
SURSECO-1
SURSECO-2
ZAMCELCO
ZAMSURECO-1
ZAMSURECO-2
ZANECO

RATE
RATE
RATE WITH
WITHOUT
IMPACT OF
REMARKS
TMI
TMI
TMI
P/kWh
P/kWh
P/kWh
6.4861
7.1335
0.6474
6.5526
7.1657
0.6131
6.9310
7.5373
0.6063
9.0865
11.4165
2.3300 If 3years in ESA with TMI
6.8358
7.8546
1.0188
0.5049
6.0874
7.0292
0.9418
5.9984
7.5963
1.5979
7.4900
8.5687
1.0787
6.9562
7.6668
0.7106 Subject for pre-filling to the ERC
6.6197
6.7409
0.1212
6.2399
6.8179
0.5780
6.0000
6.6063
0.6063
6.5547
8.4573
1.9026
7.9892
8.2852
0.2960
6.8400
7.9935
1.1535
5.6000
7.4000
1.8000 Subject for ERC PubCon
6.5000
7.1000
0.6000
7.1700
7.7500
0.5800
5.9789
6.3017
0.3228

O THERMA MARINE INC.

-0.296

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