Marcos approves franchise for P2-billion power investment in Negros Occidental

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Negros Occidental News

Bacolod City,Negros Island Region,Power And Water

The group of billionaire Enrique Razon will implement a rehabilitation plan to improve the power distribution and lessen power outages in Bacolod and other parts of Negros Occidental

This is AI generated summarization, which may have errors. For context, always refer to the full article.Ceneco‘s group announced it would push through with a P2-billion investment to improve power distribution in central Negros Occidental after President Ferdinand Marcos Jr. signed a law which gave the Negros Electric and Power Corporation a franchise.

Castro said they would implement a five-year rehabilitation plan to improve the system and reduce incidents of unscheduled power outages. With this, Castro said they were confident that the system losses within Ceneco’s franchise area would soon be reduced to a manageable level.He said Negros Power will play an important role in meeting the power load growth in Bacolod and some parts of Ngros Occidental.

Negros Power is a sister company of More Electric and Power Corporation , which distributes electricity in Iloilo City. More Power is notable for its state-of-the-art facilities and the lowest power rates in the whole of Western Visayas for five years already.

 

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