DISPOSAL OF TWO (2) 501-F TURBINES AS PART OF THE PROCEEDS FROM THE WESTINGHOUSE SETTLEMENT RELATIVE TO CIVIL ACTION NO. 88-5150 DRD AND ARBITRATION CASE NO. 6401/BGD

PROVIDING FOR THE FULFILLMENT BY THE NATIONAL POWER CORPORATION OF ITS OBLIGATIONS UNDER THE AGREEMENT FOR THE SALE AND PURCHASE OF NATURAL GAS DATED DECEMBER 30, 1997 WITH SHELL PHILIPPINES EXPLORATION B.V./OCCIDENTAL PHILIPPINES, INC. AND THE COMPLIANCE OF THE NATIONAL GOVERNMENT, THROUGH THE DEPARTMENT OF FINANCE AND THE DEPARTMENT OF ENERGY WITH ITS PERFORMANCE UNDERTAKING THEREFOR AND OTHER PURPOSES

Directing and authorizing the reorganization of the National Power Corporation and the creation of subsidiaries and of a separate nuclear company and for other purposes

CREATING A COMMITTEE TO CONDUCT THE PUBLIC BIDDING FOR THE REINSURANCE OF THE PROPERTIES OF THE NATIONAL POWER CORPORATION INSURED WITH THE GOVERNMENT SERVICE INSURANCE SYSTEM

RESERVING FOR WATERSHED AND HYDROELECTRIC PURPOSES OF THE NATIONAL POWER CORPORATION A CERTAIN PARCEL OF LAND OF THE PUBLIC DOMAIN SITUATED IN THE MUNICIPALITIES OF ATOK, BUKOD, BUGUIAS, ITOGON, KABAYAN, KIBUNGAN, LA TRINIDAD AND TUBLAY, PROVINCE OF BENGUET, MUNICIPALITIES OF HUNDUAN AND KIANGAN, PROVINCE OF IFUGAO; AND MUNICIPALITY OF KAYAPA, NUEVA VIZCAYA, ISLAND OF LUZON

AN ACT ENSURING THE CONTINUOUS AND UNINTERRUPTED TRANSMISSION AND DISTRIBUTION OF ELECTRICITY AND THE PROTECTION OF THE INTEGRITY AND REALIBILITY OF POWER LINES, AND PROVIDING PENALTIES FOR VIOLATIONS THEREOF.

AN ACT REVISING THE CHARTER OF THE NATIONAL POWER CORPORATION.

AN ACT PROVIDING FOR THE PAYMENT IN PART OF THE SUBSCRIPTION OF THE GOVERNMENT OF THE REPUBLIC OF THE PHILIPPINES TO THE CAPITAL STOCK OF THE NATIONAL POWER CORPORATION OUT OF THE OIL PRICE STABILIZATION FUND, AMENDING FOR THE PURPOSE PRESIDENTIAL DECREE NO. 1956, AS AMENDED