Published by admin at November 22, 2017 By David A. Tauli, President, Mindanao Coalition of Power Consumers In the year 2104, sixteen electric cooperatives in Mindanao entered into long term power supply contracts with the 405-MW coal power plant of FDC Misamis Power Corporation located in Villanueva, Misamis Oriental, at a price of 5.40 pesos per kilowatt-hour. These power supply contracts were anomalous, having been entered into by the ECs by violating the requirement of the EPIRA for distribution utility companies to carry out least-cost acquisition of […]