Technology of Nepal

The end of the article had been tragic. Instead of investing here in the country, the Alston Hydro chose to invest in Vietnam, a country being more open to foreign investments. How tragic can this news get? According to the projections on the economic growth of the power economy, there will be a continuous decline which in the long run can turn into a major blackout of the power economy of the Philippines. The article also talked about the interest of Alston Hydro to invest in the Philippines but was not able to penetrate the market because of the monopoly of Meralco. It was clearly seen that despite the Napocor’s influence in the market, it still wasn’t able to influence as compared to the reach of Meralco. though the administration has kept a close tie with the Lopezes, there is only a minimal support for the strategies being applied and pushed by the administration. The article possessing the title “Powering Down the Economy”, showed a major hit and miss on the administration for its failure to push for strategies that will have influenced the Lopez Company.






Technology of Nepal