Investors invited as power supply improves
The much-improved power supply in the city, occasioned by the recent interconnection by the Panay Electric Company (PECO) with NAPOCOR, has emboldened Mayor Jerry P. Treñas to invite investors to establish presence in Iloilo City.
Treñas said the PECO-NAPOCOR interconnection has provided the city with adequate power supply to meet additional loads and satisfy even power intensive industries. He said the interconnection has resulted in a 15-megawatt augmentation to the 84-megawatt already supplied by PECO and Panay Power Corporation (PPC).
In a conference at the executive office Wednesday, representatives of PECO, NAPOCOR and the PPC assured Treñas of a 24-hour, 7 days a week uninterrupted service. With the interconnection, the city now enjoys a total of 99-megawatt capacity against present peak demands of 76 megawatts. This supply can only be disrupted by events beyond the control of PECO and PPC. Even then, PECO's special assistant to the president and CEO Randy Pastolero said that such disruptions, if and when they occur, would be isolated cases at most.
Treñas also asked the power firm to fix their distribution lines to minimize occurrences of localized power failures and to ensure systems reliability.
He said that aside from the reliability of supply, the interconnection will likewise result to reduced power rates - a development which the mayor added could provide more incentive for venture capitalists to consider Iloilo City as an investment site of choice.
(Boy Espejo, Jr.)