Bagong Alyansang Makabayan in Negros, however, denounced the decision of Ceneco to sign a JVA with PHI, calling it an “undemocratic maneuver” meant to privatize the power supply in central Negros.
Bayan Negros warned against the rushed and non-inclusive plebiscite, saying it is just “a mere formality, lacking genuine consultation and meaningful dialogue.” He said the Negros Electric and Power Corp. , which is in the process of registration with the Securities and Exchange Commission, would reduce the systems loss of Ceneco, which is at P20 million a month, reduce the unscheduled brownouts, provide consumer-friendly services, and work to bring down power rates.
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: inquirerdotnet - 🏆 3. / 86 Read more »