SMC signs agreement to supply Albay Electric Cooperative power requirements for 12 months cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
The timely intervention of the energy investment unit of San Miguel Corporation (SMC) by providing an "emergency power supply" to Albay Electric Cooperative (ALECO) has prevented the cooperative and its customers from grid and power supply disconnection for the next 12 months, at least.
In a state
San Miguel Global Power, the power generation arm of conglomerate San Miguel Corp., has come to the aid of debt-saddled Albay Electric Cooperative, preventing its disconnection from the grid.
Yellow alert declared Tuesday on Luzon grid as four plants suffer outages bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.