BUSINESS
Northern Negros eyes CENECO model amid P2.-B grid overhaul
Northern Negros Electric Cooperative stakeholders have begun exploring a joint-venture arrangement similar to the CENECO-Primelectric deal amid persistent reliability concerns in its coverage area.
The interest comes as Negros Power pushes ahead with a P2.1-billion modernization program in Central Negros, where more than P1.2 billion has been invested over two years into the CENECO-Primelectric partnership.
The program covers the replacement of deteriorating lines, substation upgrades, modern meters, and other projects aimed at improving reliability and reducing system losses.