The President said he was giving Palawan Electric Cooperative (Paleco) until the end of the year to shape up or ship out. If not, I will find one with funding — China has been itching to get hold of developments here,” Duterte said. The Palawan mainland grid, which is operated by Paleco and supplied by two independent power producers, has been experiencing regular power service interruptions caused by multiple problems. Being a nonstock, nonprofit entity, Paleco is being supervised by the Department of Energy through the National Electrification Administration, Tan-Endriga said. The President also took the occasion to reiterate his administration’s stance on exploitation of Palawan’s energy resources.
Source: Philippine Daily Inquirer November 11, 2018 21:11 UTC