March 6, 2015
BUSECO signs 180 kW PSA with NEBO Green Energy
As a distribution utility, the Bukidnon Second Electric Cooperative, Inc. (BUSECO) is cognizant with its obligation to provide continuous and reliable electricity services to its Member Consumer Owners (MCOs). Hence, BUSECO endeavors to enter Power Supply Agreements with Independent Power Providers considering the on-going privatization of the National Power Corporation assets.
On February 19, 2015, BUSECO signed Power Supply Agreement with Nebo Green Energy Development Corporation at Quadra, Malaybalay City, Bukidnon. The term of contract is 15 years and expected to operate commercially on January 25, 2015 with a contract price of PhP 5.40 / kWh upon approval of the Energy Regulatory Commission (ERC).
Present during the signing were: Board President Jonathan F. Navales; MVC President Don Leo M. Garilva; MVC Treasurer Genevev Vidal; MVC VPAA Hope Perocho; HEP Supervisor Jaime S. Utlang Jr.;PRO Arjay M. Fronteras; Director Gloria D. Ranile; Director Charlie C. Castillanes; Director Edwin Galicia; GM Deiter Hoff P. Arellano, CPA, MBA; Executive Secretary Ana Victoria Maturan; BOMD Manager – MY Melchie R. Nacalaban; Corplan Manager Cristopher A. Dulfo; BOMD Manager – MF Juancho T. Chiong; GSD Manager Suzanne Capaque; OIC Internal Audit Zenaida Chiong; Paralegal Gemmabelle Leoncio; and Generation and Transmission Specialist Engr. Apple Teodeli Tindoc.
This manifests the endeavor and sincerity of the cooperative to fulfill its obligation to its Member Consumer Owners and protect its rights of having a continuous electricity services which is very vital and of great significance with the aspiration of the cooperative of becoming a World Class Organization in the near future.
Onwards and soar high BUSECO!
