THE Bataan local government unit (LGU) has so far implemented 353 infrastructure projects using the P167.4 million worth of cement credits of GNPower Mariveles Energy Center Ltd. Co. (GMEC).
In a statement, the company said this is in reference to the Total Ash Management Program (TAMP) of GMEC's by-product, ash. Under TAMP, the company, with the help of a third-party off-taker, collects ash generated from the combustion of coal and translates the price "paid" for the ash into credits for physical cement products that will then be utilized for the infrastructure projects of the Bataan LGU.
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