By Gideon C. Corgue
PAGADIAN CITY - AboitizPower
Corp. has secured a bilateral contract with Zamboanga del Sur Electric
Cooperative, Inc. (ZAMSURECO-1), an electric distribution utility of the province for part of the output
of the 68.8-megawatt (MW) Manolo Fortich run-of-river hydropower plant
project in Bukidnon.
The contract covers 3 MW of energy supply from the power station
being constructed and developed by AboitizPower subsidiary, Hedcor.
The signing ceremony was held on
Tuesday, July 19 at ZAMSURECO-1 Function Hall.
ZAMSURECO-1
represented by its board president, Perla Sudiang, with general manager and chief
executive officer, Jose Raul Saniel and Hedcor Inc., represented by Rene B. Ronquillo,
president and chief operating officer signed the MOA to establish business alliance,
enhance cooperation and strong
partnership.
GM
Jose Raul Saniel in his message delivered by institutional services department
manager Azucena Lagura said he expressed his sincere gratitude
to Hedcor Bukidnon for the dedicated efforts in the realization of the
alliance.
“The MOA signing commits us to work together toward a
common end goal, and that is - the pursuit of giving light to the lives of our
customers,” Saniel underscored.
He said “ZAMSURECO-1 is confident that
through the efforts and commitment of both parties, we will be able to achieve
more and continue to forge a strong relationship.”
Meanwhile,
Rene B. Ronquillo said by virtue of the agreement, Hedcor will
provide a 3-megawatt capacity of clean and renewable energy in the province.
“We
are one with ZAMSURECO’s vision to provide reliable, efficient and reasonably
priced power in Zamboanga del Sur,” he announced.
Ronquillo said Hedcor is also looking for short and long term
solutions on how it can address the lack of power supply in the city and meet
its power demand.
“We remain committed to
provide reliable and ample power supply when needed and ensure that such is
provided at a reasonable and competitive price,” Ronquillo declared.
Board of Director Dennis
Jay C. Colegado is grateful that ZAMSURECO-1 contracted power to Hedcor saying
that the 3-MW will augment the eight (8) MW from the Power
Sector Assets and Liabilities Management (PSALM) to better serve its clients.
AboitizPower
is the holding company for the Aboitiz Group’s investments in power generation,
distribution, and retail electricity services.