Marcos approves franchise bid of Leyeco II

Marcos approves franchise bid of Leyeco II

MANILA, Philippines — President Ferdinand Marcos Jr. has approved the franchise bid of Leyte II Electric Cooperative (Leyeco II). Marcos signed Republic Act 12017 on August 9, which aims to ensure power supply in parts of the province of Leyte by approving the franchising bid of Leyeco II. READ: NEA extends P961M worth of loans

Marcos OKs Leyte electric cooperative's franchise bid

President Marcos has approved the franchise bid of Leyte II Electric Cooperative (LEYECO II).President Ferdinand R. Marcos Jr. presides over the Private Sector Advisory Council (PSAC) meeting on Agriculture Recommendations at Malacañan Palace on Aug. 13, 2024. (Noel B. Pabalate)The move is aimed at ensuring the power supply in parts of Leyte, Malacañang said.Republic Act 12017, signed on Aug. 9, 2024, grants LEYECO II the franchise and allows th…

Marcos okays LEYECO II franchise renewal bid - Manila Standard

President Ferdinand Marcos agreed to the franchise renewal bid of Leyte II Electric Cooperative, Inc. (LEYECO II) to secure power supply in parts of Leyte. Under Republic Act 12017, signed into law on August 9, 2024, the state grants LEYECO II the franchise to “construct, install, establish, operate, own, manage and maintain in the public […] The post Marcos okays LEYECO II franchise renewal bid appeared first on Manila Standard.