Negros Power Secures 5-Year Baseload Supply Agreement with AboitizPower
Bacolod: Negros Electric and Power Corp. (Negros Power) has entered into an agreement with Aboitiz Power Corp. (AboitizPower), through its subsidiary Therma Visayas Inc. in Cebu, to provide a 20-megawatt (MW) baseload supply for the next five years. This strategic move is designed to support the increasing electricity demands driven by economic growth in the Negros Island Region. According to Philippines News Agency, Negros Power’s initiative is crucial as the company expands its customer base, which has grown from approximately 220,000 to 245,000 over the past year. Roel Castro, the president and CEO of Negros Power, emphasized the importance of