Stay updated with breaking news from Lasureco. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
ILIGAN CITY – Lanao del Norte Rep. Khalid Dimaporo called on Congress Thursday, August 4, to remove four towns from the franchise of the debt-ridden Lanao del Sur Rural Electric Cooperative (Lasureco) and allow them to be served by another local power distributor.
The Department of Finance (DOF) told state-run Power Sector Assets and Liabilities Management Corp. (PSALM) to disconnect Lanao del Sur Electric Cooperative, Inc. (Lasureco) from the grid and curtail Maguindanao Electric Cooperative, Inc. s (Magelco s) supply of power after failing to settle their outstanding debts of P16 billion in total. ....