Preamble
WHEREAS, the power expansion program undertaken by the National Power Corporation covering a period of ten (10) years would need effective government support through equity contributions to NPC to sustain said program; WHEREAS, the present Revised Charter of National Power Corporation limits the government equity contributions to an annual appropriation of P200 Million to pay the balance of the unpaid subscription of the government to the capital stock of the Corporation; WHEREAS, to insure adequate funds and sustain the Corporation's power development, there is an imperative need to appropriate such additional sums as may be necessary to meet the yearly financial requirements of the power program; NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers in me vested by the Constitution, do hereby order and decree that —