The Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) expressed its full support for the application of the franchises of Romblon Electric Cooperative, Inc. (ROMELCO) and Leyte II Electric Cooperative, Inc. (LEYECO II).
On Tuesday (March 5), the Senate Committee on Public Services headed by Senator Grace Poe gave its approval to House Bill No. 9154 and House Bill No. 6295.
House Bill No. 9154 seeks to grant a franchise to ROMELCO to construct, install, establish, operate, manage and maintain a distribution system in the Municipalities of Banton, Corcuera, and Concepcion in Romblon.
House Bill No. 6295, on the other hand, seeks to grant a franchise to LEYECO II to construct, install, establish, operate, manage and maintain a distribution system in the City of Tacloban and Municipalities of Babatngon and Palo in Leyte.
The two electric cooperatives are both rated Triple A by the National Electrification Administration (NEA).
The franchise applications of ROMELCO and LEYECO II were scrutinized during the Senate Committee on Public Services hearing.
Power Bloc Representatives Presley De Jesus (PhilRECA Party-list) and Sergio Dagooc (APEC Party-list) are among the principal authors of the two separate bills granting franchises to ROMELCO and LEYECO II.
