SMC Global Power Holdings Corp.’s subsidiary will supply the power requirements of Albay Electric Cooperative (Aleco) for one year, the company announced on Thursday.
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SMC’s power arm said its subsidiary Masinloc Power Partners Co. Ltd. had agreed to supply Aleco’s full power requirements. NEA Administrator Antonio Mariano C. Almeda said the agreement among the parties had the full support of the Department of Energy.
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