FDC Misamis and Eastern Samar Electric Cooperative seek approval for emergency power deal
inquirer.net — January 6, 2025, 04:01 AM UTC
FDC Misamis Power Corp. and the Eastern Samar Electric Cooperative (Esamelco) have applied to the Energy Regulatory Commission for a new emergency power supply agreement. This follows the expiration of their previous deal in September 2024. The new agreement aims to help Esamelco manage power supply and reduce costs for consumers by sourcing electricity from FDC Misamis's coal-fired plant. Esamelco previously relied on a contract with GNPower Dinginin, which was halted due to regulatory requirements. Esamelco serves 22 municipalities in Eastern Samar and has faced challenges in meeting demand since losing its previous power supply. The new deal is intended to last for one year.