ZAMBOANGA CITY Electric Cooperative (Zamcelco), through its investor-managers, paid P150 million to Western Mindanao Power Corp. (WMPC) during their hearing at the Energy Regulatory Commission (ERC) on Wednesday, the power distribution utility said.
A CONSUMER group along with two homeowners associations in Zamboanga City have filed a graft complaint before the Office of the Ombudsman against officials of the National Electrification Administration (NEA) and officers of the city’s electric cooperative.
ZAMBOANGA CITY Mayor Maria Isabelle Climaco-Salazar has appealed to supplier Western Mindanao Power Corp. (WMPC) and electricity distributor Crown Desco to work out a deal after the former issued a notice of temporary supply suspension last week due to unpaid accounts.
A CONSUMER group has filed a case before the National Electrification Administration (NEA) against board members of the Zamboanga City Electric Cooperative (Zamcelco) for what it called an anomalous bidding of the power distributor’s investment management contract (IMC).
THE JOINT VENTURE between Crown Investment Holdings, Inc. and Desco, Inc. won the right to manage and operate the ailing Zamboanga City Electric Cooperative, Inc. (Zamcelco) in a P2.5-billion bid to take over the city’s debt-ridden distribution utility.
ZAMBOANGA CITY — Financially troubled Zamboanga City Electric Cooperative, Inc. (Zamcelco) is aiming to finally award an investment management contract (IMC) by Aug. 2 after two bidders submitted letters of intent.