The Negros Electric and Power Corp. (NEPC) and AboitizPower have signed a 20-megawatt (MW) power supply agreement, marking a key milestone in efforts to secure a stable, sustainable, and cost-efficient power supply for central Negros.
AboitizPower, through its Therma Visayas unit, won the supply contract in a competitive selection process conducted by the third party bids and awards committee for NEPC’s (Negros Power) additional 20-MW baseload requirement.
The ceremonial signing was held Nov. 13 at the Negros Power office in Bacolod City.
The agreement was signed by Negros Power president and chief executive Roel Castro and AboitizPower president and chief executive officer Danel Aboitiz.
Castro highlighted the importance of the long-term supply deal in supporting the region’s accelerating economic activity and rising demand for electricity.
“We are genuinely thrilled about this agreement,” Castro said. “The terms we’ve secured are crucial as we continue to help drive economic development.”
He noted that their customer base grew from around 220,000 to 245,000 in just one year. “A proper supply strategy ensures we can meet the increasing demand. With this long-term agreement, we can truly welcome the future with reliable service for our communities.”
Aboitiz expressed enthusiasm about strengthening ties with the Razon-led Primelectric and Prime Group.
“I am very happy to be here, serving Primelectric and the rest of the Prime Group,” Aboitiz said. “We are grateful to be in business with the group. They are easy to work with, and the partnership has been very fruitful.”
AboitizPower’s head of revenue operations James Yu reaffirmed the company’s dedication to building strong, long-term partnerships anchored in trust and reliability.
“This signing comes at a meaningful time, especially after the recent typhoons and calamities that challenged our services,” Yu said. “It is in difficult moments that our resolve is strengthened to restore power and bring light back to communities. At the core of this partnership is trust, and we thank Negros Power for their confidence in us.” ||
