CALAPAN CITY: The congressional franchise of a power distributor here that is set to expire this year is seen by stakeholders as one of the reasons why prospective big industry players are hesitant to invest in it.
Power outages have been frequent in Mindoro Oriental as the Oriental Mindoro Electric Cooperative, or Ormeco, failed to secure fuel subsidies from suppliers inside and outside the province, resulting in a power deficit of at least 18 megawatts (MW).
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