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Razon group gets franchise to boost Negros Occidental power distribution

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Negros Occidental News

Bacolod City,Power And Water,Western Visayas

Billionaire Enrique K. Razon's group will invest more than P2 billion in a merger aimed at improving power distribution in Negros Occidental

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In a 22-1 vote on Monday, May 20, the Senate adopted House Bill No. 9805, which passed the House of Representatives in February. Only Senator Risa Hontiveros voted against it. The Primelectric-CENECO agreement followed a three-weekend plebiscite, supervised by the National Electrification Administration , in June and August 2023. Of the 177,737 people who voted, 98,591 favored the agreement, while only 6,854 objected to it.

He said a transition process would begin after Malacanang’s green light as it waits to secure a Certificate of Public Convenience and Necessities from the Energy Regulatory Commission .

Source: News Formal (newsformal.com)

Bacolod City Power And Water Western Visayas Visayas Editors' Pick Philippine News

 

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