MANILA, Philippines — The Luzon and Visayas Electric Cooperatives Aggregation (LVECA) has sealed power agreements with the country’s top energy firms for a 15-year baseload supply, according to the National Electrification Administration (NEA).  The NEA said the LVECA comprises 29 on-grid electric cooperatives: 19 from Luzon and 10 from the Visayas.  READ: Meanwhile, the six generation companies are Sual Power Inc. and Malita Power Inc., both under San Miguel Global Power; Therma Luzon Inc. and Therma Visayas Inc. of Aboitiz Power.  In addition, the power cooperatives also tapped Palm Concepcion Power Corp. and Lopez-led First Gen Group.  The pacts assured the […]...

Keep on reading: Luzon, Visayas power coops seal 15-year baseload supply