Equator Energy Corporation Industry Of Philippines, Business Opportunities For Gujarat / India

‘Equator energy corporation Industry of Philippines’
Business Opportunities for Gujarat / India

SUMMARY OF PART 1 REPORT

The Philippines is an UN-recognized country in Asia. It was one of the richest countries in Asia (after Japan). But, since the end of World War II, the Philippines economy faced a downward slide and now it is one of the poorest countries. The Philippines is the third largest English-speaking country in the world. The country is divided into three geographical areas: Luzon, Visayas, and Mindanao. It has 17 regions, 81 provinces, 136 cities, 1,494 municipalities, and 41,995 barangays. The Philippines has developing economy with agricultural and service sector base. The poverty line is 40% it means 40% of the population remain be poor. The large trading partners’ of the Philippines are the US and Japan.

1. Area: 300,000 sq km (115, 830 sq miles), 7107 islands (7,108 at low tide)
2. Population: 101.83 million (2011), 103.77 million (July 2012 estimate) (12th rank in population)
3. Capital city: Manila, part of the Metro Manila conurbation (total population 12 million, 2012 estimate)
4. Largest city: Quezon City
5. Languages:
Official Language(s): Filipino, English
Recognize regional languages: Bikol, Cebuano, Hiligaynon, Pampango, Pangasinense, Tagalog, Waray, Over 150 native languages and dialects are spoken.
National language: Filipino
6. Currency: Peso (1 Peso = 1.3134 Rupee and 0.0243 Dollar) (Oct. 2012)

EXPORT OPPORTUNITIES FOR PHILIPPINES TO INDIA

As India is fastest growing economy and in terms of market size it is 14th globally, India opens huge opportunities for Filipino exporters. Philippine exporters are encouraged by Liyakat Khan, president of Universal Media Group, to participate in trade fairs in India.
1. Handicrafts: The contemporary designs of Philippine handicrafts can be popular in the Indian market as Indian crafts are traditional and remain same since centuries ago.
2. Food: As India is the world’s second most populous country Philippine manufacturers of food can consider beating the huge business opportunities in India.
3. Furniture: In India there is growing middle class who is becoming more eager to invest on the home and on housing constructions. Thus the Philippine furniture and furnishings sector has a good opportunity in India.

IMPORT OPPORTUNITIES FOR PHILIPPINES FROM INDIA
1. Parma industry: Many New innovative medicine can export to Philippines.
2. Textile Industry: As Textile is well growing industry in India, so From India we can export to Philippines.

SWOT ANALYSIS
STRENGHT
Their economic development strength of agricultural products includes rice, corn, cassavas, mangoes, pineapples, coconuts, sugarcane, pork and fish.
Another major contribution to their economic strength and development are industries such as: pharmaceuticals, chemicals, petroleum refining, wood products, food processing, garments, footwear and fishing.
For Fishing industry to establish business in Philippines has good chance of higher profit.

WEAKNESS
Underdeveloped agriculture sector: Philippines agriculture suffers from low productivity because of needs of irrigation systems, rural infrastructures, post-harvest facilities and farm to market roads.
Poor state of infrastructures: Below standard foundation or little organization at all.
High levels of corruption and High poverty incidence
Agriculture suffers from low productivity

OPPORTUNITY
The Following Sectors has a good opportunity to start business in Philippines through Exporting and start business through Importing to India:
Hospital, Infrastructure, Wine business, Hotel business, Tourism, Laundry business, Perfume business, Medicines Exporting flowers to India.
THREAT
A high population growth rate & Unsustainable natural resource depletion.
Lagging rural economic growth and high rural underemployment.
Little access for poor people to productive assets and enterprise opportunities.

PESTEL ANALYSIS

POLITICAL ANALYSIS
The Philippines honesty scheme is pair of the Supreme Court, the court of appeals the regional trial courts, the court of tax appeals and the metropolitan and municipal trial courts. In Philippines there is a great level of criminality due to the country’s unbalance, one of the ways of government has done effort to increase stability by adding death penalty in 1993.
ECONOMIC ANALYSIS
The Philippines rank is 19th out of 41 countries in the Asia Pacific region. And 44th the biggest economy on the earth According to HSBC estimates. The stock market is one of the best performers in the region. The peso reached a 4 year high against the dollar about the same time.
Unemployment : 7.3%
FDI Inflow : $1.7 billion for 1st Half Quarter
Inflation : 3.6 % in Sep 2012
Corporate tax rate : 30%

SOCIAL ANALYSIS
Filipinos are known for their kindness, patience and talent as well as having a wealthy culture and tradition due to foreign influences of Spanish and Americans.
Rice & coconut is a main clip for a man serving of food for Filipino men cannot have enough money to eat without rice.

Tipping is relatively common in restaurants, hotels and other hospitality services. A 10% tip is sensible but it is not required for establishment having 10% service charge.
The Philippines is the third largest English-speaking nation in the earth.
Filipinos believes in giving gift whenever they are asked for dinner. As India is good in handloom products it can export its products their.
Filipinos consider in the need for social acceptance and believe that education can supply upward mobility.

TECHNOLOGY ANALYSIS
Innovative Rainwater Harvesting System (IRHS):

The IRHS design to utilize the patented plastic flexible piping connection for ease of installation and assurance of a leak-proof system.
The IRHS will reduce the demand on fresh water needs, either for drinking, bathing or cleaning, regularly supplied by Water Utility Companies in the urban areas or by groundwater wells and streams in the rural areas.

LEGAL ANALYSIS
The Philippines honesty scheme is pair of the Supreme Court, the court of appeals the regional trial courts, the court of tax appeals and the metropolitan and municipal trial courts. In Philippines there is a great level of criminality due to the country’s unbalance; one of the ways of government has done effort to increase stability by adding death penalty in 1993.

ECONOMIC OVERVIEW

The Philippines has developing economy with agricultural and service sector base. The poverty line is 40% it means 40% of the population remain be poor. The large trading partners’ of the Philippines are the US and Japan.

GDP of Philippines :
The GDP growth rate of Country from 1998 to 2012 is average 1.08%. The domestic economy accelerated in the second quarter of 2012 to 5.9% from 3.6%. The earlier year boosting the first semester growth to 6.1% from 4.2%. The resilient Services sector remained the main driver of growth supported by the sustained growth of manufacturing and the return of construction.

Per Capital Growth in Philippines :
In 2011, it was at 1.98% in Country and it was published by World Bank report in 2012. The Growth rate of GDP per capital depends on continuous local currency. The GDP Divided by Mid Year Population.

Inflation:
Inflation averaged 3.6 % in Sep 2012, well within the 3.0 to 5.0% inflation target for 2011 but higher than the 3.8% typical recorded in 2010. A rise in the prices of food had been record mainly due to the bad result of typhoons on agricultural food supplies. Core inflation, on the other hand,

INFRASTRUCTURE SECTOR IN PHILIPPINES

During 1990s, the Government of the Philippines started facing a problem of
declining financial resources in comparison with the rising demand for more
infrastructure services.

‘ Power: In terms of electricity, the country performs quite adequately. The
scenario has improved to a great extent. But still, in Philippines main problem
is quality of service.

‘ Telecommunications Access to the fixed telephone lines is very low in the
country although this is reduced by the substantially greater level of access to
mobiles.

‘ BPO industry BPO is the biggest motivating factor behind the country’s
growing services. As of the year 2010, the country has bitten India as the
world leader in business support functions, as per the IBM Global Location
Trends Annual Report.
‘ Roads Philippines enjoy a favourable position in terms of the road density at
2.5 Kms/1000 people in 2001. However, the national data does not properly
point to the huge regional variations in road density in the nation. Metro
Manila position at the lowest in terms of kms per population with 0.5 km /1000
people.
NATURAL RESOURCES

WATER RESOURCES
Water is a very useful element to our human life existence. Its role is vital in the
Sustenance of all life forms, as well as in agricultural, industrial, households,
Entertaining and environmental activities. As population continues to grow, so does
the demand for fresh water too. Water is a main factor shaping the natural
environment. It has a long-term influence on the vegetation, fauna, and shape of the
landscape and on various ecosystems.
‘ 1,830 sq kilometres of Philippine rivers and lakes cover 61% of the country’s
total land area
‘ 50,000 sq kilometres of groundwater reservoir is recharged by rain and
Seepage from river and lakes

FOREST RESOURCES
Much of the Philippines are hilly areas and mountainous, with 52 % of its total land
area of 30 million hectares, correspondent to 15.8 million hectares, officially
classified as forestland managed by the Department of Environment and Natural
Resources. The country has total land area of 30 million hectares out of which, around 53 % of it is off the record as forestland, with slopes ranges more than 18 %.
Out Of the total forest area, open forest accounted for higher than half at 4.031
million hectares. The rest of the forest types contributed to the total as follows:
‘ Closed forest at 2.56 million hectares (35.71%),
‘ Plantation forest at 329,746 hectares (4.60%)
‘ Mangrove natural forest at around 247,309 hectares (3.45%)
Traditionally, the country was known to have one of the world’s rich tropical
Rain forests.

BAMBOO INDUSTRY
Bamboos are long-lived woody, evergreen grasses. These belong to the Family
Gramineae which include the grasses planted in lawns and such cereals as rice and
corn. There are 60 known bamboo species in the Philippines and their number is
increasing because of the newly-introduced species by plant collectors and bamboo
enthusiasts. There are over a thousand different bamboos worldwide. Bamboos are used to make fashionable furniture and handicrafts, musical instruments, as raw materials in architecture and main ingredient for dishes. These are also considered as best materials for the development of urban parks. Bamboos are great for rehabilitating eroded slopes. They are also used as hedges,
live fences, and indoor and outdoor ornamentals.

MANGROVE FORESTS
Mangrove forest is also known as the ‘rainforest of the sea.’ It grows well in tropical countries, including the Philippines. Mangroves are an important part of the coastal and marine ecosystem that includes the sea grass and the coral reefs. Of the world’s more than 70 mangrove species, around 46 species are known to occur in various parts of the country. Mangroves provide economic as well as ecological benefits, such as the following:

‘ They are a good source of products like alcohol, medicine, tannin, charcoal,
timber and housing materials
‘ They support fisheries production and aquaculture;
‘ They provide nursery grounds, shelter and food for fish and other sea
creature;
‘ They protect coastal communities from storm surges, waves, tides and currents;
‘ They act as carbon sink by reducing organic pollution along shore areas;
‘ They serve as recreational grounds for wildlife enthusiasts; and
‘ They stabilize the coastline by reducing erosion.

MARINE INDUSTRY
The Philippines, a country consisting of approximately 7,107 islands, boasts of
having a very long coastline with a length of 235,973 square kms, longer than that of the United States. The country has three main island groups, Luzon, Visayas and
Mindanao which serves as the core of regional subdivisions upon which political and economic development revolve.
The archipelagic nature of the country explains the natural affinity of its people to these as, either as the source of food or as a means of livelihood considering that there are 55 coastal provinces out of 76 provinces in the Philippines. It is of no surprise therefore that in almost all provinces and across the archipelago one can find clusters of fisher folks, seafarers, boat builders, shipping operators and beach resort owners/operators.

MINING SECTOR
The Philippine is ranked as 5th in world for mining potential ,though its having 9
million hectares ,its having only 2% mining permits ,also its having an estimated us $1.4 tn in reserves. There was a long period which was stagnant but now the sector is coming back, with a world-class legal framework for sustainable development.
Minerals progress is a top government main concern and has great probability for
jobs and income. It is recognized by Government over 60 priority PPP projects.
This sector can hold up poor rural areas by providing high quality jobs and society
development. Considerable royalty and tax expenses is received by government
.Yet, full growth of the sector continue to face important challenge. long, boring
approvals for EPs keep on to obstruct investment. More than a few LGUs have

ENERGY AND ENVIRONMENT TRADE MISSION TO PHILIPPINES
Under the U.S.-Asia Pacific Comprehensive Partnership for a Sustainable Energy Future the U.S. Government has mandated trade agencies to provide $6 billion USD to support sustainable energy projects in the Asia-Pacific, including natural gas facilities, renewable, power generation, and energy efficiency. Other governments, development banks, and energy companies are investing in energy development and environmental technologies in Thailand, Malaysia, and the Philippines. The result is a growing number of opportunities for U.S. companies to export to these markets. To help you access these opportunities, the U.S. Department of Commerce is organizing this upcoming Trade Mission.
Participating in an official U.S. Department of Commerce delegation, rather than travelling to these markets independently, will allow companies to confirm meetings with potential customers, partners, relevant government officials, and the Asian Development Bank (ADB). The delegation will visit Kuala Lumpur, Bangkok, and Manila. Mission participants will meet with ADB officials to explore business opportunities in these markets, in addition to the 42 additional ADB developing member countries. At each mission stop, the program will include briefings, networking receptions, and one-on-one business meetings with potential customers, partners and local representatives.
Philippines Developments:
‘ The Philippines depend on gas imports and will need to develop natural gas infrastructure
‘ 20 ‘ 50 percent of the population does not have access to clean drinking water
‘ The Government of the Philippines ‘Energy Access for More’ program is designed to increase energy access and expand the national grid

THE PHILIPPINES SOLAR POWER PROVIDER.
Solenergy Systems, Inc. is a Philippine company with a multi-disciplinary staff of Architects, Engineers and industry specialists with international experience in solar power system design and installation. Ranging from residential solar energy all the way to industrial or grid-feed systems, we will work with each client personally to deliver the best possible solar power system to match both energy and budgetary requirements.
Sol energy is bringing positive change to the way the Philippines sources power.
All Sol energy systems are designed in-house by architects and engineers and represent the optimal solution for the given environment, thus maximizing return on investment for you, the end user. We offer full-service solar photovoltaic system design, installation and integration in to existing power systems, on-going system maintenance and project financing.
Sol energy Systems, Inc. was formed by a group of like minded individuals with the desire to provide a viable and sustainable power alternative to the Filipino people.
The Sol energy board of directors and senior management team is composed of a dynamic group of highly experienced and educated individuals possessing graduate degrees in Architecture, Engineering and Business Administration, all from highly reputable, international universities.

WIND ENERGY RESOURCE ATLAS OF THE PHILIPPINES

Wind Energy Resource Atlas of the Philippines
Wind power is classified into marginal, moderate, good and excellent. The classifications, based on wind power density and wind speed, were established for two categories – one for utility scale applications, ranging from marginal to excellent, and one for rural power applications, ranging from moderate to excellent. In general, locations with an annual average wind speed of 6.5 to 7.0 meters per second (MPS) or greater are most suitable for utility grid-connected wind energy systems. Rural power applications are typically viable at lower wind speeds (5.5 to 6.0 mps), and in some cases at wind speeds as low as 4.5 mps.

SUMMARY OF PART 2 REPORT

INTRODUCTION OF COMPANY

Specializes in renewable energy like solar and wind developed Equator Oil Station the first of its kind to run by solar and it is most efficient, most economical and most appropriate. It is also offered in several sizes and form like large scale, medium and small to fit your budget.

SOLAR POWER SYSTEM

The company will evaluate, design, supply, install and commission solar powered systems most suitable to your environment. Company can easily install 27,000GW of solar capacity and can produce 36.4 Million GWh of electricity per year using free fuel from the sun. This large amount of electricity available only in the Philippines if developed, can make Filipino the happiest and richest people in the world because of this non-stop free electricity from the sun.

SOLAR STREET LIGHT

This is the latest and the most innovative design with high efficiency solar powered streetlights available at your hand.

WIND POWER SYSTEM

Small and Large: Latest internationally known technology, the adapted wind turbine which is suitable for remote island electrification. With this system, the company will perform the necessary wind measurements, site selection and project feasibility.

SOLAR AIR CONDITIONING SYSTEM

This technology in the market is still on it’s infancy stage. The company will evaluate the consumer needs for air conditioning system and appropriately design, supply and install the corresponding air conditioning units powered by solar energy from direct cooling system to conventional air conditioners.

RURAL ELECTRIFICATION PROJECT
Utilizing all available energy sources that will generate electricity in rural and remote areas, this project involves different facets involving the solar and wind technology or in some aspect a combination of both. The Company will generate electricity thru power purchase agreement (PPA) with our affiliated foreign energy company partners.

POLICIES OF PHILIPPINES FOR IMPORT/EXPORT

74% FDI is permitted in fixed and wireless, Services for Unified Access,
National and International Long Distance, Public Mobile Radio Trucked Services,
Global Mobile Personal Communications Services and similar other value
added services, ISP with gateways and radio paging.

Philippines Power Policy:
Indian power policy allows 100% FDI in generation, transmission, distribution
as well as trading of electricity. Establishment of power plants without any permit,
transmission services for autonomous power transmission companies.

Imports:
These products are freely importable as per extant policy. Advance licensing
scheme permits duty free import of raw materials.

Exports:
Government formulated schemes with Duty Entitlement pass Book scheme to
facilitate exports. Under this scheme, exporters are granted due credits which
enables them to import duty free goods in return.
National steel policy 2005 helps the removal of procedural and policy
bottlenecks that affect availability of production inputs and creation of road, railway and port infrastructure.

Potential for import / export in India for Power:
At present the installed ability of stations for electric power generation is
about 130000MW and the capacity of generation is to be amplified to 2,20,000
Mega Watts by 2012.There is almost 8% average annual shortage of power. Central
government has started taking action to increase capacity by establishing Ultra mega power projects (UMPPs). A plan to raise Nuclear power ability from 3900MW to 10000 MW is also made.

Present Trade barriers for import / Export of Power
Philippine merchandise exports continue to face a range of non-tariff barriers
that restrict its access to a number of country markets.
The government of Philippines maintains that compliance with the plethora of
SPS and product standards requirements has proven to be onerous and expensive.
In some cases, the Philippines had to meet exhaustive data collection and
certification requirements that take years to complete.

INDIA AND PHILIPPINES TRADE RELATION

India and Philippines Signed a Trade Agreement in 1979. Growth of cooperative
trade between the two countries had been deliberate till the late 1990, but has picked
up in the last few years. stability of trade has been heavily in favour of India. Trade
however still residue below its Potential. However the visits by the Indian President
(February 2006) and then the Indian PM (January2007) to the Philippines and later
by the Philippines President to India (October2007), have acted as a motivation to
two-sided trade and Investment links. Present (2009-2010) bilateral trade between
India and Philippines in US $1061.84 million of which US $ 748.77 million form
Indian Exports to the Philippines and US $313.07 million is mechanism of India’s
imports from the Philippines.

BUSINESS COMPARISON OF INDIA & PHILIPPINES

Growing Industries
Philippines ‘
Electronics Industry Textile Food Processing
Packaged Food Industry Wine Industry Agriculture Industry

India
Information Technology Agriculture Industry
Infrastructure Industry Retail Sector Automobile Industry
Healthcare Industry Dairy Industry

Gujarat
Agriculture Manufacturing Industries Rubber Industry
Petroleum Transport Equipments and Parts Coal Products
Plastic Food Products Oil and Natural Gas & Etc

POLICIES AND NORMS OF EQUATOR ENERGYCORPORATION

Policies & norms of financial service sector in Philippines (import/export)
Trade policy has been the Philippines’ major tool for achieving industrialization and
economic development since gaining its political independence. Like her other
ASEAN neighbours’, the Philippines’ trade policy started with an inward-looking
import-substitution orientation based mainly on the infant industry argument.
The removal of non-tariff barriers started under the import liberalization programmers
for the period 1986-89 by gradually removing non-tariff restrictions on imports mainly
for import licensing requirements and outright import bans. These programmers
resulted in the reduction of regulated items from 32 per cent of the total PSCC lines
in 1985
The primary authority controlling imports is the Bureau of Customs (BOC).It
enforces the country’s Tariff and Customs Code. Other important regulatory
agencies include: the National Economic and Development Authority (NEDA), the
Bangko Sentral Pilipinas(BSP), the Industry Section of the Department of Trade and
Industry(DTI),the Board of Investments (BOI) of DTI, the Environmental
Management Bureau (EMB)the Department of Health (DOH).

FDI (FOREIGN DIRECT INVESTMENT) IN PHILIPPINES
DEFINITION:
Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net outflows of investment from the reporting economy to the rest of the world and is divided by GDP.
Foreign Investment Opportunities in the Philippines
Most of foreign investment opportunities in Philippines have been intensely
focused on export productions, utilities, mining, petroleum refining, and exportoriented
agriculture, with increase speed concentration in labor-intensive textiles,
footwear, electronics, and other non-traditional export industries.
The sprout of real estate business in areas where resorts and recreational venue is
viable has paved the way for Foreign Investment Opportunities in Philippines. Some
foreign retirees have invested a condominium at a resort area or properties operating
as Condotels, because a foreigner can take title to a condominium. The most
strategic favorite investment areas have been in Cebu, Subic, Puerto Galera, and
Boracay. Though, this type of investment requires a putting up of a huge sum of
cash as payment in full for the property.

Year Value
2005 ($1,665,000,000.00)
2006 ($2,818,000,000.00)
2007 ($620,000,000.00)
2008 ($1,285,000,000.00)
2009 ($1,604,000,000.00)
2010 ($682,000,000.00)
2011 ($1,253,000,000.00)

The latest value for Foreign direct investment, net (BoP, current US$) in Philippines was ($1,253,000,000.00) as of 2011. Over the past 6 years, the value for this indicator has fluctuated between $620,000,000.00 in 2007 and ($2,818,000,000.00) in 2006.
REASONS WHY YOU SHOULD START A BUSINESS IN PHILIPPINES

1. The government of the Philippines seeks foreign investment to promote their economic development, and has worked to establish investment landscape has such as free trade zones, through the Philippine Economic Zone Authority (PEAZ).
2. The Philippines is the shopping paradise of South East Asia as it houses some of the world’s largest shopping malls.
3. Philippines is strategically located in the heart of Asia, one of the fastest growing regions. Over 500 million people market and gateway of international shipping and air planes suited for Europeans and American business.
4. The workforce in Philippines is one of the most compelling advantages the Philippines have over any other Asia country with high educational priority. They are the world’s third largest English speaking country.
5. Philippines is blessed with diverse natural resources, from land to marine to mineral resources. They also have the biggest in copper production in Southeast Asia and among the top ten producers of gold in the world.

BUSINESS OPPORTUNITY IN PHILIPPINES
1. Restaurant Business
2. Food Cart Business
3. Laundry Shop
4. Purified Drinking Water Supplier
5. Poultry Farming
6. Business Facilitation Service
7. Set up an outsourcing company / Freelance Services
8. Start manufacturing handicraft products
9. Start an auto rental service business
10. Web flipping
11. Wire and Nail manufacturing
12. Web host reselling
13. Agriculture
14. Retail
15. Recruitment agency

ABOUT EQUATOR ENERGY CORPORATION

Equator energy corporation was conceptualized in 1996, when the founder, a Veteran Mechanical Engineer was introduced and inspired by the numerous benefits of Renewable Energy. In 2001, he designed, constructed and operated Equator Oil Station, his very first venture in the energy sector. With the success of Equator Oil Station, he decided to pursue a bigger dream, with the hindsight of providing Filipinos with a cheaper and alternative source of energy. Thus in November 2011, ignited with ferocious determination, he established EEC, to set the trail for the latest technology and development of Solar and Wind Energy in the Philippines.

COMPANY BUSINESS

‘ Design, fabricate, supply, install and maintain Photovoltaic(PV) or Solar Power system for utilization of industrial, commercial residential consumers. This includes Interactive Utility PV System, Stand Alone or Off Grid System, Hybrid PV system and Net Metering System
‘ Design, fabricate, supply, install and maintain solar street light and solar air conditioning system;
‘ Design, fabricate, supply, install and maintain Wind Power Systems;
‘ Generate electricity for the utility in rural areas thru power purchase agreement(PPA)

EXECUTIVE OFFICERS
BernardF.Fabula
Chairman of the Board, Chief Executive Officer and President of Equator Energry Corporation Bernardo Fabula begun his fifteen year career in engineering as an officer in the Philippine Army Corps of Engineer. After his retirement in 2000, he ventured into the construction business, and was able to complete 200 units of residential and commercial structure in Taguig City. He was also a subcontractor of DMCI, EEI and MDC. Thereafter, he was appointed as consultant to the Philippine Army in its different BCDA funded military projects all over the country.
In 2001, Fabula developed his first project in the energy sector called Equator Oil Station, a company engaged in the retail distribution of standard fuel and lubricants. Then in 2006, he organized ENERGY MATTERS CONSURTIUM AND CONSULTANTS( E=MC??,Inc.),a consultancy firm whose objective is to provide and publish information on Nuclear Energy in the Philippines. In the same year, he became a member of the American Nuclear Society(ANS) and Philipine Society of Mechanical Engineer.
In 2009, while in San Antonio, Texas, USA, he organized Filamex Corp. to engage in the design and installation of solar systems for residential houses. He honed his craft by attending seminars and trainings given by different renewable energy organizations in the USA like the American Wind Energy Association (AWEA) and American Solar Energy Society (ASES). In 2011, he established Equator Energy Corporation (EEC) in the Philippines with the mission of reducing energy cost for Filipinos through a determined campaign in the use of solar and wind energy.
Fabula earned his bachelor’s degree in mechanical engineering from the University of the Philippines, under Society of American Military Engineer Scholarship and his bachelor’s degree in Military Science from the Philippine Military Academy.

Capt Marcial F. Fabula
Chief Operations Officer

Lyn D. Castillo
Chief Financial Officer

Alexander Fabula
Plant Director
Alexander Fabula is a licensed Electrical Engineer & Industrial Electrician. Earned his Bachelor of Science in Electrical Engineer degree from FEATI University & Graduate Course on Power Option at University of he Philippines from 1985 to 1992. Alex work as JR Quality Assurance Engineer at Light Rail Transit (LRT) & from 1992 to 1997 and as Quality Assurance Inspector at SSOC Ministry of Defense & Aviation Project Riyadh KSA. Works includes inspection &maintenance of Distribution System , High Volt Switches & Interrupter Switches, Primary Substation, Secondary Substation & Distribution Transformer, Motor Control Centers, Low Voltage Cable Networks. Check & Investigate through proper design & computation that circuits & equipment are related to generation, control, transformation, transmission & distribution & that electrical system are considered efficient & the safety objective of the code rule are achieved.

Engr Marconi F Soretes
Plant Director

STAFF & CONSULTANTS
Dr. Edwin Quiroz
Associate Professor, Dept. of Mechanical Engineering, UP Diliman
Engr. Jeniffer Fabular
Professor, Dept. of Mechanical Engineering, UP Diliman
Engr. Servolu Dominise
Instructor, Merit Review Center & President of EMC2
BGEN. Galileo Kintanar Jr.
Office of Strategic & Special Studies, Armed Forces of the Philippines
Engr. Bonifacio Magtibay
Project Consultant -World Health Organization(WHO)
Engr. Michael Kuhn
CEO, Imagine Solar, Austin Texas
Engr. Jude Pasasadaba
Project Coordinator, Clean Energy USA
Engr. Aniano Fabula Jr
Avionics Boeing, Richmond Canada
Fernando Mallari
Maxim Integrated Products, San Antonio Texas.

MAINTENANCE SERVICE

The Company will continue to provide maintenance service to ensure continuous and uninterrupted operation geared for the project to exceed beyond its factory designated life span.
The Company will perform the necessary cleaning, periodic and preventive maintenance, emergency repairs as the need arises.
The Company will supply and have in stock the necessary spare parts or other materials needed for the project optimum operation with a manufacturer’s warranty of 25 years.

SALES AND SUPPLY OF PARTS

The Company will supply and replace any parts during and after warranty period in the most economical and fastest way in the import and export market. All solar and wind materials installed comes with manufacturer’s warranty. This includes: Photovoltaic Module, Controller, Inverter, Lighting Fixture, CDM, LED, Transfer Switch, Battery, On-site UPS, Pole and Structure, Distribution Panel, Switchgear, Smart Metering System, Solar Tracer, Support Structure, Foundation etc.

CONSULTANCY & TRAINING

The Company offers expert consultation for all renewable and related fields of energy.
The Company is manned by professionals with expertise in the most updated industrial technology who are available for consultancy and training for any interested party.
The company is affiliated with Imagine Solar in Austin, Texas USA.

FUTURE DEVELOPMENT

We will endeavour and prepare future development on:
a. On-grid Pilferage Solutions
b. Smart Grid System
c. Battery Regeneration

PROSPECTIVE SOLAR PROJECTS

196 KW CWSLAI Utility Interactive PV System (Sunfab) ‘ AFPOVA Taguig City
2.4 MW Philippine Army Utility Interactive & Stand Alone PV System ‘ Fort Bonifacio, Makati City
25 KW Catanuan Cove ‘ Stand Alone PV Systen (Hybrid) ‘ Catanuan Cove, Quezon
300 KW Multi Rich Food ‘ Utility Interactive PV Systen (Subfab)
20 MW Marinduque Solar Farm ‘ Utility Interactive PV System (Sunfab) ‘ Malolos, Bulacan
5.9 MW EMI EDS Manufacturing Plant Ana Imus ‘ Utility Interactive (Sunfab) ‘ Anabu, Imus, Cavite

PARTNERS & INVESTORS

Equator Energy Corporation can partner with local and foreign companies or individuals who have the investible fund for small and big solar and wind projects that extensively exist anywhere in the Philippines within the next 25 years. The early bird gets the biggest better share. Feed in Tariff (FIT) of 320 MW capacities with price of P9.68 per KWH and Php8.65/kWh solar and wind projects respectively are in place to be awarded to those investor who can construct and ready to operate first. Power Purchase Agreement (PPA) with electric utilities in rural areas is plenty with good rate of return.
With our current supply of electricity which is by now in critical level 72.9 Billion KWH per year based 2012 DOE energy statistics, relative to our uninterrupted increasing demand of this basic important commodities from our growing population, 100 Million NSO data. This very small production is only 6.9% of Japan’s present electricity production per year. Both countries have almost the same land area and number of population. The Philippines’s combined energy production is 84% coal and diesel feed, 1.25% solar, wind and biomass and 14.75% hydro and geothermal and others. Individual consumers and big business companies have the money but no electricity to buy. Most places in southern and central Philippines are presently experiencing rotational brown out of 3 to 10 hours per day. Many rural communities in distant remote areas and in the island don’t have electric connection so far. Some have small stand-alone capacities but paying triple the price of P22/kWh.

Big generation capacities from different sources such as renewable equipment and fossil based engine to produce more or less 12 times of our present production (864 Billion kWh per year) are needed to normalize the price and supply of our electricity. Big solar farm for utilities is the simplest and easiest to put up 6 to 12 months upon implementation likewise it is the cheapest power plant in terms of levelized energy cost (LEC) in the Philippines. Investing in solar system in the Philippines under FIT or PPA scheme for big capacities has the biggest advantage. This is due to our country’s high irradiance, an average of 5kWh/sqm-day compared to other big solar energy producing countries like Germany 2.7 kWh/sqm, Japan 3.6kWh/sqm-day and Spain 3.6 kWh/sqm-day. This high irradiance naturally available anywhere in the Philippines can get good rate of return in terms of the levelized energy cost (LEC) or investment cost compared to coal feed power plant. Solar and wind projects are welcome and being supported by all sectors of society likewise they receive good incentives from the government in terms of tax and duties under the newly approved Renewable Energy Act 9513. Life of solar and wind goes up to 35 years and it runs with almost zero maintenance. Solar system is the only power plant that can be installed on top of individual residential roof in highly urbanized city under the newly approved Net Metering System. Aside from the benefit that we get from solar and wind energy, it is also environment-friendly and is the most efficient source of energy. Figure below shows a model of 1MW solar capacity, the relationship between rates of return at same 7% investment interest rate, levelized energy cost and energy production per year like P100/kW investment cost and P8.00/kWh (PPA) & P9.68/kWh (FIT) respectively in different countries using the same solar materials and technology. Maintenance cost is excluded which is basically lower in the Philippines in terms of manpower for cleaning and security.

Name of Country Irradiance
(kWh/sqm-day) Solar capacities for PPA or FIT (kW) Production
(kWh/year) Rate of Return w/ 7% interest rate, P8.00/kWh P100/kW under PPA
(years) Rate of Return w/ 7% interest rate, P9.68.00/kWh P100/kW under FIT
(years)
Philippines(Koronadal) 5 1,000 1,441,608 8.4 6.6
Japan(Tokyo) 3.6 1,000 1,040,040 13.7 10.1
Spain (Madrid) 3.6 1,000 1,040,040 13.7 10.1
South Korea(Soul) 3.4 1,000 982,620 14.9 11
Germany(Berlin) 2.7 1,000 780,000 23.9 16

COMPANY VISSION

To be a bonfire producer of solar and wind energy.
To be one of the pioneers that produces the most efficient and latest technology in the field of renewable energy in the country.
To manufacture the most efficacious solar and wind energy machineries geared to transforming the Philippines expensive energy cost to it’s lowest and most efficient in 2030.

COMPANY MISSION

‘ We will develop and deliver effective and clean energy in the Philippines for the betterment of Filipino populace.
‘ We will work closely with the government to provide alternative source of electricity to remote areas, thus creating job opportunities and improving the quality of life of rural communities.
‘ We will emphasize on delivering a less expensive but quality products and services.
‘ We will honour and develop good business relationship with our customers and partners.
‘ We will set the trend to educate and train prospective scholars from the province in collaboration with future employment.

Head Office
2nd Floor, Amber Place,
#67 Bayani Road, Fort Bonifacio, Taguig City, M.M.
Tel No. : 632-7109677 ; 632- 6593797
Email: sales@equatorenergypinoy.com.ph
Engineering and Research Office
58 Equator Oil Complex, AFPOVAI,
Bayani Road, Fort Bonifacio, Taguig City, M.M.

CORE VALUES OF COMPANY
Hard-work, Dedication & Innovation
Its 99 percent perspiration and 1 percent inspiration by Thomas Edison.
Service and Integrity
Effective management produces less expensive & quality service to our clients.
Morale & Welfare
Inspired manpower will automatically produce excellent service.

SWOT ANALYSIS OF EQUATOR ENERGY CORPORATION
STRENGTHS
1) Integrated business:
– Don’t have to be dependent for supply of raw materials.
– Good integration for supporting there production activities.
2) In house technology and design capabilities:
– Enough in-house technology development capabilities
– Skilled employees so that they can design their products of their own.
3) Market leadership in Philippines:
– It is the only company of Philippines which is having a global presence and as it is a market leader it can have benefits of its brand image.
4) Pricing:
– Pricing leader in Philippines, so that others will follow it.
– Necessary for company to produce & sale products at low costs.
(1) Easy availability of raw material.
(2) Strong agriculture and food sectors.
(3) Central Government gives the agro processing status.
(4) Use network of manufacturing facilities all over the country.
(5) Use domestic market.

WEAKNESSES
1) Operational Risk:
– Not efficient operation management team.
– Proper operational strategy is lacking.
2) Improper working capital management :
– In the previous down-turn in the world economy has brought the company in a critical situation.
3) Weak Financial Management:

(1) Lower availability of infrastructure facilities.
(2) Lack of quality control and testing methods.
(3)Due to the large intermediaries the supply chain management ineffective.
(4)High working capital requirement.
(5) Poor linkages between research and development labs and industry.
(6) Seasonality of raw material.
(7)High transportation and inventory carrying cost.

OPPORTUNITIES
1) Environmental Awareness:
– Environmental awareness increase in India.
– Favorable for wind power energy.
– High growth opportunity for philippines in future.
2) Government Support:
– Government is in favor for wind energy which provides pollution free energy.
– Govt. provides tax exemption & subsidies.
3) Growth in demand:
– Awareness of wind energy is increasing
– It is renewable energy source is cost effective & steady growth in demand.
(1)Increased demand for processed and packaging foods.
(2)Agro processing industry would be success due to the large crop and material.
(3)Favourable demographic profile and changing lifestyles.
(4)Combination of development in technology and offer scope for rapid improvement and progress.
(5)Global market development.
THREATS
1) International Competition:
– As a global player competition is Internationally.
– As compare to global industry of wind energy, technology efficiency is not up to the mark.
2) Foreign Exchange Risk:
– There is default risk of Foreign exchange rate fluctuations.
– High fluctuation rate of Foreign Exchange since last two years.
3) Technology Risk:
– Very fast technological development.
– Company has to implement the new develop technology to compete in market & face technological risk.
(1)Affordability and cultural preferences of fresh food.
(2)High carrying cost of inventory.
(3)Taxation rate would be high.
(4)Packing cost would be high.

POLICIES OF PHILIPPINES FOR IMPORT/EXPORT

Imports:
These products are freely importable as per extant policy. Advance licensing
scheme permits duty free import of raw materials.

Policies and Norms of Philippines for import/export in Power
Under the Omnibus Investments Code of 1987, foreign and domestic investors
may avail of fiscal and non-fiscal incentives provided they invest in preferred areas of
investment identified annually in the Investment Priorities Plan (IPP). If the areas of
investment are not listed in the IPP, they may still be entitled to incentives, provided:
‘ At least fifty percent of manufacturing is for exports, for Filipino-owned
enterprises;
‘ Minimum 70% of manufacturing is for production, for majority foreign-owned
enterprises (more than 40% of foreign equity).
With the recent launch of the third version of the Equator Principles, or EP III, some requirements have been expanded. BSR has identified five major changes for energy and extractives companies receiving funding from EPFIs:

1. More types of financing will include environmental and social risk analyses. While early versions of the Equator Principles focused only on project finance, EP III formally has expanded its scope to include project-related corporate loans and bridge loans. Many EPFIs, however, are applying the same environmental and social risk analysis to other forms of financing as well, such as IPOs and bond issuance. This means that considerably more energy and extractives projects will be subjected to EP III.

2. EPFI clients are now required to publicly disclose environmental and social impact analyses. Under EP III, clients must publish summaries of environmental and social impact assessments online and disclose greenhouse gas emission levels for projects emitting more than 100,000 metric tons of carbon dioxide annually (during the operational phase). The EPFIs also will disclose more information publicly, including project details, internal management of the Equator Principles and project names for project finance deals, subject to client consent. This greater transparency will increase pressure on energy and extractives companies to demonstrate project-level environmental and social performance to stakeholders.

3. Project-level human rights impact assessments will be expected. While in the past, project-level human rights impact assessments were considered best practice, now they specifically will be requested by EPFIs in many cases. Following the Guiding Principles on Business and Human Rights, EP III emphasizes energy and extractives companies’ responsibility to move beyond human rights policies toward on-the-ground oversight of human rights impacts.

4. Companies must provide analysis on alternative options for high-emitting projects. While EP III does not mandate that companies only develop low-emitting projects, it does require that during the feasibility phase, companies analyze the technical and financial implications of shifting to a lower-emitting alternative.

5. More projects will have to meet stakeholder engagement requirements. Previously, only the most impactful projects, labelled Category A, had to meet the Equator Principles’ stakeholder engagement requirements. The vast majority of EP III projects are Category B, however, including some energy and extractives projects. EP III now requires both Category A and B projects meet these requirements. With this expanded application, EPFIs will expect more energy and extractives clients to address stakeholder concerns up front which, in turn, should reduce the risks of project delays and unsupportive communities.

INTERNATIONAL TRADE RELATION

In 1949, India and Philippines established diplomatic relations. In 2006, four bilateral agreements were signed between two countries in which one was of defence cooperation when President Abdul Kalam was at a state visit to the Philippines. The agreement was made for exchange of information, better interaction between personnel of military of both countries and for proving training to military personnel of Philippine in India. This cooperation is maintained by many ways like participation of Philippine in Indian defence expositions and secretary-level meetings. This cooperation has been important for Indian navy ships to visit Philippines in 2010 and 2011 and also for an Indian defence delegation visiting Manila in May 2011 as the Philippines is facing an increase in pressure of external security.
The Joint Defence Cooperation Committee meeting was held for first time between the two countries in Manila in January, 2012 because of this partnership. The interaction of two countries is increasing positively but still there is need for improvement in the bilateral ties of the two countries.

IMPORT AND EXPORT RESTRICTIONS
”IMPORT RESTRICTIONS
The imports are classified into three categories in the Philippines: Conditionally Free Importable Regulated Commodities Prohibited or Banned Commodities
This category includes the commodities whose importation may be effected prior approval of any government agency but no duty is levied on them. This category includes the commodities whose importation requires clearances/permits from appropriate government agencies. This category includes the commodities whose importation is not allowed under the existing laws.
Some items freed for importation include:
‘ Medals, cups, badges, trophies accepted as honorary recognition.
‘ Articles wholly used for display in public expositions or for public entertainment.
‘ Articles brought for reconditioning, processing or repair.
‘ Personal and household belongings of residents of the Philippines returning from other foreign country.
‘ Articles imported for donation to organisation not working for profit.
‘ Gifts received by Filipinos.
Some items regulated in the importation into the Philippines include:
‘ Mercury, Cyanide, Chlorofluorocarbon, and other ozone depleting substances.
‘ Nitric acid, chlorates and nitrates.
‘ Wheat Flour, Semi-synthetic antibiotics, Iodized Salt.
‘ Pesticides, all fertilizers, and other chemical products that are intended for agricultural use.
‘ Materials of Atomic energy.
Some items prohibited from importation include:
‘ Dynamite, gunpowder and other explosives.
‘ Cinematographic film or negatives, printed or written or articles, drawings, paintings or other representation of an obscene or immoral character.
‘ Weapons of war and parts thereof.
‘ Drugs, instruments, articles and substances designed, adapted or intended for producing unlawful abortion.
‘ Opium, coca leaves, heroin or any other narcotics drugs, which are or May hereafter, be declared habit forming by the President of the Philippines.
‘ Marked cards, gambling outfits, machines or mechanical devices or apparatus used in gambling

EXPORT RESTRICTIONS

The exports are classified into two categories in the Philippines: Prohibited Products Regulated Products
This category includes the products whose exportation is prohibited.
Some products prohibited are:
‘ Bangus(milkfish)
‘ Raw material for cottage industry
‘ Shells: trumpet shells; helmet shells; raw shells, live specimens, by-products of giant clams under the family Tridacnidae and meat.
Some regulated products are:
‘ Bamboo
‘ Coffee
‘ Tobacco products
‘ Copper Concentrates
‘ Legal tender Philippine coins and notes, money orders and other bills of exchange greater than P10, 000 drawn in pesos against banks operating in the Philippines

Foreign Trade Policy :
According to the Global Enabling Trade Report 2012, the rank of Philippines is 72nd out of 132 countries. It measured the factors, policies, services, areas of market access, border administration transport and communication infrastructure and business environment.
In the area of market access the Philippines jumped 14 from 64 and in terms of efficiency of import-export procedure it looks 48 spot from 55. And access to imported inputs at competitive prices identifying potential market and buyer’s corruption at the border and other concerns it places 62 out of 132 countries.

Present Trade Relations and Business Volume of different products with India
The economy is exhibiting a slow but steady structural transformation, broadly in line
with international development experience. The service sector’which includes
transport and communications, finance, private services, business process
outsourcing, other information technology, and commerce’has been a leader; its
share of GDP rose from 53.1 percent to 53.7 percent in the past five years (to 2006).
Over the same period, industry’s share of GDP rose marginally, from 31.8 to 32.1
percent. Agriculture has been the lagging sector, with a GDP share that declined by
nearly a full percentage point, from 15.1 to 14.2 percent.
The economic structure in 2006 is very similar to the median for LMI countries
globally. For that benchmark group, the corresponding figures are a 53.7 percent
share of GDP for services; 31.7 percent for industry, and 12.0 percent for agriculture.
But the service sector accounts for a much larger share of GDP in the Philippines
(53.7 percent) than in Indonesia (45.3 percent) or Thailand (43.5 percent). As for
agriculture, the GDP share in the Philippines is virtually the same as in Indonesia
(14.0 percent), but considerably higher than in Thailand (9.6 percent).
These differences in economic structure are important because labor productivity is
particularly high in manufacturing and very low in agriculture. In 2006, only 14.8
percent of the labor force was engaged in industry yet produced close to one-third of
the economy’s output. In comparison, 36.7 percent of the labor force is engaged in
agriculture yet produces just 14.2 percent of GDP. This means that each job in
industry produces nearly six times as much as each job in agriculture. In the service
sector, average productivity is nearly three times higher than in agriculture, but
barely half the level attained in industry.
Cost of Comparison Between India And Philippines
o Consumer prices in India are 31.89% lower than Philippines
o Rent price in India are 33.06% lower than Philippines
o Restaurant price in India are 23.73% lower than Philippines
o Local Purchasing price In India is 133.37% higher than in Philippines

Year 2005-06 2006-07 2007-08 2008-09 2009-10
Export 494.66 580.98 620.32 743.77 748.77
Import 235.49 166.79 204.54 254.77 313.07
Total trade 730.16 747.77 824.87 998.54 1061.84

Major organic products exported from India
Product Sales (Tons)
Tea 3000
Coffee 550
Spices 700
Rice 2500
Wheat 1150
Pulses 300
Oil Seeds 100
Fruits & Vegetables 1800
Cashew Nut 375
Cotton 1200
Herbal Products 250
Total 11,925

Philippine Ownership Laws and FDI:
The Philippines foreign direct investment policy is very liberal also release to any corporation or financier that would like to spend in it. In October 2009, more or less $22.9 billion were invested in the Philippines. An assured laws control how much of a corporation foreign business can own in a host country and if a company can fully incorporate in that country. These laws set a level, or proportion, at which a corporation can own a corporation or market share in the Philippines. At present, the Philippines allow 100 percent foreign ownership of Philippine retail trade enterprise with a rewarded up assets of $2.5 million. The limits on how much advertise share a corporation can own in the Philippines are a little stricter. For any corporation looking to spend in the Philippines, 60 percent of any domestic market is necessary to be Filipino owned and 40 percent can be foreign owned. This income that any foreign business can own up to 40 percent of a market share based in the Philippines.

Positive Factors leading to set up a business in Philippines
‘ Promising Workforce
‘ Strategic business location
‘ First-class lifestyle
‘ Abundant resources
‘ Low cost of doing business
‘ Liberalized and business-friendly economy
Why Gujarat?
Gujarat ranks sixth in the area cultivation of banana in the country. Banana stem
waste is the basic raw material required for this project and Gujarat has sufficient
availability of the same to cater to the need.
Gujarat has well developed cotton textile industry hence this will find ready
market for blending. Banana fiber is a natural fiber with considerable strength
and can be used for various other purposes like preparing ropes for well drilling,
tug pulling in ports and other applications.
There are two methods for extraction of Banana fiber, namely Bacnis method
and Loenit method.
Gujarat is one of the largest producers of banana in the country. Bharuch farmers
bring in the latest agriculture technologies to increase their yield. Around 500
farmers from one Jhagadia block have an annual banana turnover worth Rs 3.5
crore. Banana grows with the latest Philipines technologies are exported to Saudi
Arab, USA and European nations.

Fisheries increased fish consumption
‘ Fish consumption has risen in both rural and urban areas in recent years
as the volume of fish production has grown each year. Fish is extremely
important in the countryside where sardines and rice is the staple diet for many
people.
‘ Fish canning/processing and allied industries source their fish supply from
local catch and import them during lean season to sustain the demand of
production for canned fish products.
problems & prospects of business/trade with the Philippines fisheries
‘ The introduction of private standards, including for environmental and
social purposes, and their endorsement by major retailers;
‘ Certification of aquaculture in general;
‘ Concern in exporting countries about the impact on their fish exports of
the introduction in 2010 of new traceability requirements in EU markets to
prevent IUU fishing;
‘ Continuation of trade disputes related to catfish species and shrimp;
‘ The growing concern of the general public and the retail sector about
overexploitation of certain fish stocks, in particular of bluefin tuna;
‘ The multilateral trade negotiations in the WTO, including the focus on
fisheries subsidies;
‘ Climate change, carbon emissions and their impacts on the fisheries
sector;
‘ Energy prices and the impact on fisheries;
‘ Rising commodity prices in general and the impact on producers.
‘ Prices and margins throughout the fisheries value chain;
‘ The need for competitiveness compared with other food products;
‘ Perceived risks and benefits from fish consumption.

LEGAL PROCEDURE FOR STARTING A BUSINESS

No. Procedure Time to complete Cost to complete
1. Verify and reserve the company name with the Securities and Exchange Commission (SEC) 1 day PHP 40
2. Deposit paid-up capital in the Authorized Agent Bank (AAB) and obtain bank certificate of deposit 1 day no charge
3. Notarize articles of incorporation and treasurer’s affidavit at the notary 1 day PHP 500
5. Obtain barangay clearance 1 day PHP 500
6. Pay the annual community tax and obtain the community tax certificate (CTC) from the City Treasurer’s Office (CTO) 1 day PHP 500
7. Obtain the business permit to operate from the BPLO 6 days (PHP 2,084.98 business tax (25% of 1% of paid-up capital)
8. Buy special books of account at bookstore 1 day PHP 400
9. Apply for Certificate of Registration (COR) and TIN at the Bureau of Internal Revenue (BIR) 2 days PHP 100 (certification fee) and PHP 15
10. Pay the registration fee and documentary stamp taxes (DST) at the AAB 1 day (PHP 500 registration fee + PHP 4,169.97
11. Obtain the authority to print receipts and invoices from the BIR 1 day no charge
12. Print receipts and invoices at the print shops 7 days PHP 3,500

SALARY OF EMPLOYEES

No. of employees
(A) Employee designation
(B) Per person salary yearly (RS)
(C) Salary yearly (RS)
D=(A*C)

1 Lead manager 5,00,000 5,00,000
4 Branch manager 4,50,000 18,00,000
1 Legal Advisor 4,30,000 4,30,000
2 Supervisor 3,40,000 6,80,000
1 Chief Accountant 2,80,000 2,80,000
2 Assistant Accountant 2,00,000 4,00,000
10 Sales Executives 1,80,000 18,00,000
3 Hr Executives 1,40,000 4,20,000
50 Manufacturers/Workers 76,000 38,00,000

TRAINING PROGRAM
We will use classroom method to train the employees from October to December 2013. We will give brief information about our product. We will also teach them how to convince the customer’s especially the sales executive and for that we will use self-paced method.

SOURCES OF FUND

Investment Plan (annual) Investment Amount(Rs)
Rent for godown 7,00,000
Raw materials and spares (export) 28,00,000
Rent on production unit 20,00,000
Buy furniture and fixture 5,00,000
Plant for Assembling (lease) 25,00,000
Initial Fees to Philippines government 7 00,000
Salary 12,00,000
Advertisement Cost 5,00,000
Total 1,72,00,000

Funding Investment

Particular Rs
Share capital 90,00,000
Bank loan 50,00,000
Venture Capital Fund
32,00,000

POLICIES AND NORMS OF EQUATOR ENERGYCORPORATION
Installer Safety
The health and safety of workers, both pre- and post-manufacture, is an important component of social sustainability. The solar industry is developing best practices that ensure worker health and safety, and focus on awareness and compliance with US laws and regulations.
Fire Safety & Solar
Fire fighters often must access roof space in the course of fighting a fire. Therefore, the solar industry is researching best practices to ensure fire-fighter safety, and tracking fire incidents involving solar panels to further address concerns.
Codes & Standards
The process of installing solar energy can involve adhering to a number of construction, safety and other types of codes and standards. The solar industry proactively works to ensure that all relevant codes and standards allow for the safe and responsible installation of solar energy systems.
Workforce Development
Within the solar industry, workforce development issues include training, licenses, certification, and accreditation. SEIA provides guidance and information to solar companies regarding training opportunities, certifications, and other information.
Intellectual Property
A leading source of innovation, solar intellectual property is a critical component of expanding the solar industry within the United States and abroad.
International Trade
SEIA works to facilitate global and regional dialogues on international trade, competitiveness and the role of government in encouraging the development of the global solar energy industry.
Solar Manufacturing Incentives
Smart policy can enhance American global competitiveness by encouraging private-sector investment in U.S.-based solar manufacturing facilities
POLICIES & NORMS OF FINANCIAL SERVICE SECTOR IN PHILIPPINES (IMPORT/EXPORT)
Trade policy has been the Philippines’ major tool for achieving industrialization and
economic development since gaining its political independence. Like her other
ASEAN neighbours’, the Philippines’ trade policy started with an inward-looking
import-substitution orientation based mainly on the infant industry argument.
The removal of non-tariff barriers started under the import liberalization programmers
for the period 1986-89 by gradually removing non-tariff restrictions on imports mainly
for import licensing requirements and outright import bans. These programmers
resulted in the reduction of regulated items from 32 per cent of the total PSCC lines
in 1985
The primary authority controlling imports is the Bureau of Customs (BOC).It
enforces the country’s Tariff and Customs Code. Other important regulatory
agencies include: the National Economic and Development Authority (NEDA), the
Bangko Sentral Pilipinas(BSP), the Industry Section of the Department of Trade and
Industry(DTI),the Board of Investments (BOI) of DTI, the Environmental
Management Bureau (EMB)the Department of Health (DOH).

Year Value
2005 ($1,665,000,000.00)
2006 ($2,818,000,000.00)
2007 ($620,000,000.00)
2008 ($1,285,000,000.00)
2009 ($1,604,000,000.00)
2010 ($682,000,000.00)
2011 ($1,253,000,000.00)

REASONS WHY YOU SHOULD START A BUSINESS IN PHILIPPINES

BUSINESS OPPORTUNITY IN EQUATOR ENERGY CORPORATION
Product-Oriented Solar Business Opportunities

1. Sell Products –
2. Be a Distributor-
3. Develop & Own Solar Projects ‘
4. Sell After Market Products ‘
5. Sell 3rd Party Provided Services –
6. Invent Solar Products ‘
7. Find Niches ‘
8. Produce Informational Products ‘

Solar Business Opportunities in the Service Sector
1. Independent Solar Consultant ‘
2. Solar Panel Cleaning ‘
3. Financing Consultant ‘
4. Solar Appraisal ‘
5. Solar Repairs ‘
6. Start a Job Placement Service –
7. Start a School ‘

GLOBAL STRATEGY OF PHILIPPINES
Capital-related
‘ Simplified customs procedures
‘ Simplified import and export procedures
‘ Duty-free importation of capital equipment

Operations-related
‘ Exemptions on local taxes and permits
‘ VAT exempt inputs
‘ Permanent resident status for foreign investors and immediate family members
‘ Assistance in the promotion of economic zones to local and foreign locator enterprises

Taxation
‘ Income tax holiday or a four-year exemption from corporate income tax, extendable up to eight years, with the option to pay a special 5% tax on gross income in lieu of all national and local taxes after the tax holiday
‘ Exemption from duties and taxes on imported capital equipment, spare parts, supplies, raw materials
‘ Exemption from wharf age dues and export taxes, imposts, and fees

Language and Culture
The Philippines is an English-speaking country and has a natural cultural affinity with the US. These qualities and others make it an attractive BPO location.
‘ The Philippines is the third largest English-speaking country in the world
‘ English is the principal medium of instruction in education system
‘ Filipinos have a natural aptitude for languages and quickly acquire languages and preferred accents

GLOBAL STRATEGY OF EQUATOR ENERGY CORPORATION

(1) Financing with Power Purchase Agreements (PPA)
A PPA is an agreement from a large customer to purchase electricity generated from a plant. Such agreements have been beneficial to the solar industry and instrumental in generating funding.
(2) Multiple Land Use
Wind turbines are typically found on agricultural land. Despite some cropland loss due to access roads and installation, wind turbines and crops have a happy coexistence side-by-side.
Although residential solar systems usually occupy underutilized roof space, solar power plants are another story.
(3) Automated Manufacturing
Despite the economy has been strong in 2008. Roughly half of this investment in the US went to solar companies, equating to $1.7 billion in the first three quarters last year. This is a necessary ingredient in creating the infrastructure required to manufacture panels effectively and achieve economies of scale.
(4) Effective Solar Energy Storage
It is common to hear about breakthrough solar technology, but these advances have little impact on the industry if they don’t make it to the market. Two of the most important advances for the solar industry are increasing efficiency of the panels and effective solar energy storage.

PHILIPPINE DIGITAL STRATEGY
The PDS Vision :
‘A digitally empowered, innovative, globally competitive and prosperous society where everyone has reliable, affordable and secure information access in the Philippines. A government that practices accountability and excellence to provide responsive online citizen-cantered services. A thriving knowledge economy through public-private partnership.’

The PDS Strategies:
The PDS sets the development of e-Government as a priority, facilitating greater efficiencies and effectiveness in the delivery of basic social services and minimizing opportunities for corruption. It calls for implementation of systems which will support the government’s fight against poverty and ensure integration and interoperability of ICT infrastructure and programs across government agencies. Emphasis is placed on enhancing the capability of government structures and institutions as well as upgrading the ICT skills of the entire bureaucracy. The goal is also to enable citizens and businesses to transact with government electronically; the e-Government Fund will be made accessible to encourage the development of citizen-centric applications. Another key element of this thrust is to make government more transparent, interactive and sharing more government data online. This is geared towards facilitating greater citizen engagement in the governance equation (e-Governance) and a two-way dialogue between government and citizens.
The PDS identifies all people having access to the Internet and its opportunities as one of its major thrusts. It will focus on creating an enabling environment: with incentives and a broadband policy that will accelerate the expansion and service provision of broadband by the private sector, reaching previously unserved areas and customers. The PDS also takes care of digital inclusion, capacity building, content and applications development, as well as data security and privacy, and the protection of children.
The PDS focuses on supporting continued growth of the IT/BPO industry and extending the benefits outside Metro Manila and Metro Cebu, so as to fast-track national development and provide opportunities for investment and jobs to other regions in the country. It also provides a mechanism to enable micro, small and medium size enterprises (mSMEs) by developing their capacity to use the Internet as a market expansion tool. Through Public-Private Partnerships, investments in Research and Development and business incubation facilities will be encouraged. It will also focus on enabling other industry sectors in the effective use of ICT for efficiency, innovation and competitiveness.
The strategic thrust on ‘Investing in People’ addresses not only the needs of our formal sectors, but also of our marginalized communities. Innovative approaches must be taken to ensure the digital inclusion of all sectors of the population. Programs will be put in place to support the unique requirements of differently-abled people, indigenous peoples and island communities in the development of content and the method of delivering ICT training. Broadband Internet access and integration of ICT in curriculum across all levels of our education system will be a priority to ensure that the shortfall of a skilled workforce will be addressed, thereby ensuring that our global leadership, particularly in the Business Process Outsourcing (BPO)/Knowledge Process Outsourcing (KPO) / Creative Process Outsourcing (CPO) sectors, will be sustained.
The PDS highlights the need for policy and regulatory reforms and identifies new as well as amendments to existing legislation to spur the growth of the industry.
The PDS broadens our horizon to support progress and innovation, paving the way for the introduction of new concepts such as cloud computing, which will allow more effective and affordable development and deployment of ICT not only in micro, small and medium enterprises but also in local governments. The PDS will also encourage the use of more modern alternative media such as social networks in the distribution of information and the empowerment of citizens.
All the above strategies revolve around the role of the private sector, be it business, academe or civil society, as partners with government in developing the country in all the elements of ICT. Consistent with this government’s thrust, Public-Private Partnerships (PPPs) are an essential ingredient in the PDS to implement programs in e-Governance, broadband deployment, and ICT training.
Statistics, Economics and Politics of Solar Energy in the Philippines
Philippines is the richest in the world to harvest free electricity from the sun (5 kWh /m2 day) however due to absence of solar machineries, our country is now producing the smallest , the most expensive and dirtiest electricity in the world 72 % made from imported fossil based fuel (coal, petroleum and natural gas)
Based from our DOE energy statistics 2012 and also from the EIA International Energy Information Agency, Philippine total energy production for 2012 was only 72,922,000,000kWH. This quantity is so small compared to that of Japan 6.9%, US 1.7% and South Korea 15%.
Since our average irradiance or free energy from sun is higher by 70% compared to other big producing solar countries like Germany, Japan & countries in Europe. Cost of installation or initial investment is definitely lower by 70%.
Solar and wind system are proven reliable and efficient in US & Germany the biggest producer of solar energy in the world. Germany and Japan have the lowest average irradiance by an average of 70 % compared to the Philippines. Investing in solar in the Philippines would make great portfolio. This is our natural treasure not available in most countries in the world.
With our 72.9Billion KWH 2012 production capacity 71.53% is from imported fuel such as coal 54.19% ,Natural Gas 37.66% and Petroleum 8.16% .The 28.47% is renewable energy such as Geothermal 49.3%,Hydro 49.38% and a combined solar, wind and biomass 1.25%.
Our country is the number two in the world in producing geothermal energy next to US, but our geothermal quantity is very small not enough to sustain our growing needs. It is justifiable for countries in Asia with similar irradiance from the sun not to make solar energy like Indonesia and Vietnam because these two countries are the top 10 exporter of coal in the world. Malaysia has the commercial quantity of oil reserve.
With our Philippine average irradiance (energy from sun) equivalent to 5 kWh/m2/day compared to Japan 3.75 kWh/m2/day , South Korea 3.94 kWh /m2/day and Germany 2 .71 kWh/m2/day. Initial cost of installing solar system in the Philippines using the same materials and excluding other indirect expenses would be much lower compared to Japan by 57% ,in South Korea by 49.7% and in Germany 70% .
With our Philippine net(60%) land and roof surface areas , complimented by our highest fuel grade available from the sun , we can easily install 27,000 GW of solar capacity and can produce 36.4 Million GWH of electricity per year using free fuel from the sun. This constant yearly production can prevent 60.4 Trillion kg. Of CO2 emission into atmosphere .This gigantic production is about 500 times of our existing combined present production, or 35 times of Japan present production or 8 times than what the US present total production. It can be installed anywhere within in the Philippines.
However, the government is hesitated to tap or implement the Renewable energy law specially the Net Metering System for the obvious reason. It is supported by the following experiences and policies.
Gigantic Red tape in applying for tax incentive in the DOE, BOI and BOC when importing materials for small and big proposed solar projects. Once approved, very small amount of tax incentive like 1.5% is being provided.
Prices of solar materials in the international market has gone down 400% times compared 5 years ago but prospective installer/end user of solar system in the Philippines are hesitant due to its big initial cost. No financial assistance in the form of tax incentive like the 12% VAT and other tax duties when importing renewable materials like solar panel and inverter.
Initial cost in installing solar is the biggest obstacle to almost everybody. In other countries like US and Germany, 8.2% sales tax is being removed and Utilities are providing $15,000.00(Php675,000.00) maximum rebates for every installation which is almost 60% of the total cost. Banks are also providing financial facilities to individual installer/end user.
Utilities and concerned government agencies like ERC and DOE are hesitated to implement the Net Metering system due to lack of information drive and sluggish action in approving solar projects. Ignorance in solar system by the concerned government agencies also aggravates the situation. Utilities are hesitant to approve permit and issue net metering meter to end user.
Due to these deficiencies, commercial banks are also hesitated to provide financial facilities to end user by its refusal to make the installed solar system as collaterals.
According to one political strategist, it will take a solar engineer president to make this greatest treasure solar energy from the sun is available to the poorest of the poor paying P3.0 per KWH less worries of the distribution loss of 7% per KWH. At least He had the exact figure and formula to implement his agenda.
Electricity is a basic service. It is our life; it must be controlled by the government. We cannot hide the realities we are paying the P10.00 per KWH one of the most expensive in the world including the P0.70 per KWH system losses .This losses is more or less Php 5.1Billion Philippine Currency in actual money that everybody rich or poor has paid last CY 2012 to whoever controls our system to the few rich IPP and Napocor. For a total 72.9B KWH production last year, Filipinos has paid Php 729 Billion for its electricity. If this energy production is going to be paid in US and Japan and Germany and South Korea, the price is only Php 255 Billion Philippine Currency. Our electricity is higher by 65%. If we can lower our electricity cost by P6.5 per kWh, the difference is Php 474B which is 21 % of our national budget for 2013 enough to increase the salary of Filipino more food in the table of every poor Filipino and additional school building for our children. If 25% of the difference about Php120Billion can install 1000MW capacity of solar system per year, much higher capacity than the cancelled Bataan Nuclear plant with only 700MW.
For the distribution loss, our company Equator Energy Corp call it, ignorance loss somebody call it panakip butas to cover government deficiencies in managing power sector. The 7% losses equivalent to 70 cents appeared too small and sometimes negligible for every paying individual consumer however when you are talking of billion worth losses it is Php5.1Billion too large to say it is caused by pilferage committed by those small criminals. Philippines are the only country in the world that paid distribution loss that big Php 5.1 Billion per year. Majority of people have the sense of apathy to this losses whether it is fabricated or ignorance or actual real system losses as long as we have the electricity and every end of the month 7% losses is being added to his bill which he cannot refuse to prevent disconnection. I still believe in Karma. In short and simple word high profile syndicated robbery against our people.
Looking at our typical load profile especially in the province. It is peak starting 6PM to 11PM. This means 90% of our customer is residential. With our load profile our solar system will become useless because it will not cover our peak demand. The solution pumps storage a good combination of our small hydro and solar system. The solar system will produce so much energy to pump water up to high reservoir and run hydro during peak demand.
The government is useless if production of basic services like electricity it given to rich few individuals. Electricity is being controlled by the few individual with respective selfish interest. With our existing power system, like PPA and IPP too few rich, our hand is tied and all our people would be forever bondage of poverty until those PPA or IPP is removed or terminated after 30 years.
When we give PPA or TIF or BOT to power sector like solar or wind. Our electricity will not go down, because we have to wait for centuries before it is turned over to us. Once it is turn over it is useless. We will be bondage of slavery forever by whoever owns these basic services.
Anyway, our government is not yet too late, with our very small existing energy generation 72,922 GWH per year, we can make the volume double or triple within the year, but it should be owned by the government or individual consumer thru net metering system.
It is the government responsibility to help finance solar project of individual end user across the country and own big investment to power sector. Once this solar and wind are installed, fuel from nature is free and nonstop. And there’s nothing to worry about, because we will not be affected by the fluctuating prices of international crude or coal prices. Initial investments this time for solar and wind are the same with other large scale power plant like coal. The difference basically is the maintenance. Fuel to run solar and wind is free but for the carbon fuel machineries it is going up as machine ages.
Even with our own Malampaya, the installation of facilities to harvest the natural gas up to stage of converting the said carbon fuel to electricity by combined gas cycle power plant was very expensive. At the end, the winning bidder like Shell is going to sell the said fuel to the ordinary Filipino the same rate like what of other mammalians had abuse did. By the time the contract is finished after long waiting of 25 years the natural gas is used up unfortunately nothing left but toxic waste.
The government must be decisive and committed to diversify to renewable energy like solar and wind. This is the only solution to our problem of poverty. It should lead the way in infusing up money to finance solar and wind project, to expand our capacity. It should limit giving ownership to private individual whose ill motive is big profit, thru power purchase agreement. It should upgrade and renewed its financing scheme given to end users for the roof top installation for their own use. Electricity supply in the Philippines is scarce and one of the expensive in the world. Once supply of electricity becomes abundant, by law of supply and demand price of electricity will definitely go down. Cost of production will go down and automatically be reflected to prices of basic commodities. Labor oriented Investment like manufacturing sector will go up which means creation of jobs opportunities to our expanding population. Solar energy is good both for those consumers in the city and those agricultural areas due to net metering system to run big establishment and agricultural machineries respectively. In Or Mindoro alone one big rice mill is consuming an average of P800K in electric bill per month still short especially during summer. It can also be used to run our irrigation system. One important favorable decision made by our government is the passage of net metering system that directly supports the individual end user. However delays in the implementation are again caused by our crab mentality attitude.
The Author:
Engr. Bernardo F. Fabula
Chairman of the Board, Chief Executive Officer and President of Equator Energy Corporation
Bernardo Fabula began his fifteen year career in engineering as an officer in the Philippine Army Corps of Engineer. After his retirement in 2002, he ventured into the construction business, and was able to complete 200 units of residential and commercial structure in Taguig City. He was also a subcontractor of DMCI, EEI and MDC. Thereafter, he was appointed consultant to the Philippine Army in its different BCDA funded military projects all over the country.
In 2001, Fabula developed his first project in the energy sector called Equator Oil Station, a company engaged in the retail distribution of standard fuel and lubricants. Then in 2006, he organized ENERGY MATTERS CONSURTIUM AND CONSULTANTS (E=MC??, Inc.), a consultancy firm whose objective is to provide and publish information on Nuclear Energy in the Philippines. In the same year, he became a member of the American Nuclear Society (ANS) and Philipine Society of Mechanical Engineer

In 2009, while in San Antonio, Texas, USA, he organized Filamex Corp. to engage in the design and installation of solar systems for residential houses. He honed his craft by attending seminars and trainings given by different renewable energy organizations in the USA like the American Wind Energy Association (AWEA) and American Solar Energy Society (ASES). He just acquired two courses in Advance Photovoltaic (PV) Design Course in Austin Texas. In 2011, he established Equator Energy Corporation (EEC) in the Philippines with the mission of reducing energy cost for Filipinos through a determined campaign in the use of solar and wind energy.
Fabula earned his bachelor’s degree in mechanical engineering from the University of the Philippines, under Society of American Military Engineer Scholarship when he was in the Philippine Army and his bachelor’s degree in Military Science from the Philippine Military Academy. He was a victim of defective power system of our government during his younger years in the province Or Mindoro until he was assigned in remote areas in Mindanao in 1985 .

PHILIPPINES LIFTS 2030 RENEWABLE ENERGY TARGET
MANILA, Philippines ‘ The country is set to award up to 80 permits this month to local and foreign firms to explore potential renewable energy sites as it aims to triple its clean-power capacity to account for half of its energy needs within 20 years.
The National Renewable Energy Program (NREP), launched on Tuesday, aims to increase renewable energy capacity to 15,400 megawatts by 2030 from about 5,400 MW at present, helping cut the country’s dependence on imported oil.
That would still be less the 10% of the Philippines estimated capacity of more than 200,000 MW from renewable energy sources such as hydro power, wind, solar and geothermal.
‘We’re hoping renewable energy will account for at least 50% of our energy mix by 2030,’ Energy Undersecretary Jose Layug told reporters on Tuesday.
‘Within this month we will award between 40 and 80 contracts, mostly for hydro. There will be a few (contracts for) wind and some solar,’ Layug said
The Southeast Asian country’s new renewable energy target is more ambitious than a goal, announced last December, to double renewable energy output in 20 years.
The Philippines imports most of its oil needs at present. High oil prices have pushed inflation up this year, and were a factor in the central bank’s decision to increase interest rates in March and May.
‘(Renewable energy resources) are expensive now because of the emerging technology, but in the long term we see that the price will start coming down, making it cheaper than (traditional sources),’ Layug said.
The Energy Department has also started seeking local and foreign investor interest in 15 prospects for petroleum and gas exploration and developments.
The tender process began with a roadshow in Singapore last week, and there will also be roadshows in Europe.

SUMMARY
The Philippines Economy is the 46th largest in the whole world, with an estimated
2010 gross domestic product (nominal) of $189 billion. In the Primary exports there
are semiconductors and electronic products, , petroleum products, coconut oil, and
fruits, transport equipment, garments, copper products. The United States, Japan,
China are the major trading partners. Of the country’s total labour force of around 38.1 million, the agricultural sector gives employment to 32% but it contributes to only about 13.8% of GDP. The industrial sector gives employment to around 13.7% of the labour force and accounts for 30% of GDP. Where the 46.5% of workers involved in the service sector are accountable for 56.2% of GDP.

The agricultural sector in the country, though considerable continues to decline
having contributed only 14.2% of the country’s GDP which is the lowest compared to the service and industrial sector. Most of the agricultural products are coconut
products ,rice, sugar, corn, bananas, pineapple products , mangoes pork, and eggs.
The agricultural sector is topic to low productivity, insufficient infrastructure an low economies-of-scale.

The Philippines has a delegate democracy based on the U.S. system. Political risks
are increasing as a result of pessimistic impact that rising rice and other food prices
are likely to give impact on society. The accounting system of the country is strongly

equator energy corporation is very fast growing industry in non renewable source of energy like air, wind, water etc. however, when we see that trade relation of Indian and Philippines energy industry it reflect that export of renewable energy source is beneficial
because in Philippines area of energy source is developing and only few industries in market
so its better chance to get merger in existing company and make business profitable and valuable.

Bibliography

(1) http://equatorenergypinoy.com.ph/
(2) http://www.globalstrategic.com/benefits-of-doing-business-in-the-phils/
(3) http://www.usaid.gov/philippines/cdcs
(4) http://www.icto.dost.gov.ph/index.php/philippine-digital-strategy
(5) http://ecowatch.com/2013/11/26/renewable-energy-biggest-business-opportunity
(6) http://www.greenbiz.com/blog/2013/08/21/5-energy-companies-equator-principles
(7) http://www.researchandmarkets.com/research/fkgx4f/us_renewable

Essay: Equator Energy Corporation Industry Of Philippines, Business Opportunities For Gujarat / India

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