Vivant Energy inks pivotal Busuanga power supply deal
To keep the momentum of progress, Busuanga Island Electric Cooperative Inc. has signed a new 15-year power supply agreement with Vivant Energy’s CIPC
At the signing of the 15-year power supply deal are (from left) BISELCO board president Segundo Aguilar, BISELCO general manager Ruth Fortes and CIPC president Erickson Omamalin. Standing (from left) BISELCO bid and awards committee chairperson Selwin Alili, NEA project supervisor Ivan Zamora, Vivant Energy president Emil Andre Garcia and Vivant Energy vice president Mark Habana.
Photograph courtesy of Vivant
The Busuanga Island used to face daily brownouts lasting four to six hours, limiting economic activity and hindering development.
With the entry of Calamian Islands Power Corp. (CIPC) in 2013, a stable power supply became a catalyst for growth, fueling tourism and local industries.
However, the rapid economic expansion has led to increasing energy demand, underscoring the need for additional capacity to sustain progress.
To keep the momentum of progress, Busuanga Island Electric Cooperative Inc. (BISELCO) has signed a new 15-year power supply agreement (PSA) with Vivant Energy’s CIPC.
Building on their long-standing partnership that began with their first PSA in 2011, this new agreement secures a 24-MW contracted capacity for Busuanga and Coron — ensuring that homes remain lit, businesses continue to thrive, and communities keep moving forward.
Ready to go
Set to commence once the necessary approvals have been received, the PSA is a strategic step that will ensure the Calamian Islands keep pace with growing energy demands driven by a thriving tourism sector and expanding local industries.
The agreement addresses the region’s increasing energy needs, ensuring reliable and sustainable power for residents and businesses.
BISELCO general manager Ruth Fortes said, “This new PSA will bring great opportunity for the Calamian Group of Islands for its infrastructure development. It will pave the way for a continuous and reliable power supply, ensuring fully lit households and businesses throughout Calamian.”
CIPC president Eric Omamalin underlined the long-term benefits of the partnership “Vivant Energy is committed to creating solutions to our changing world by delivering reliable energy systems.”
“Our partnership with BISELCO ensures that the Calamian Islands have a stable and sustainable power supply to support economic growth and enhance everyday life. This agreement reflects our dedication to investing in long-term, adaptive solutions that empower communities and drive progress,” he added.
This 15-year PSA is seen as a testament to the power of collaboration between the private and cooperative sectors.