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Marcos: Takeover of Siquijor power firm necessary amid poor service
President Ferdinand "Bongbong" Marcos Jr. announced the government takeover of Siquijor Island Power Corp. (SIPCOR) due to a lack of improvement in its power supply services.
The Energy Regulatory Commission (ERC) ordered the shutdown of SIPCOR after it violated multiple operational and regulatory requirements.
President Marcos stated that the takeover was necessary as SIPCOR's operations showed no progress in providing electricity to Siquijor.
The Province of Siquijor Electric Cooperative (PROSIELCO) will now supply power to the island, with the ERC and the National Electrification Administration (NEA) overseeing the transition.
President Marcos led the ceremonial switch-on of the new 17.8-megawatt power plant, which is projected to supply more than the island's nine-megawatt requirement.
He had previously visited Siquijor on June 11 to assess its longstanding issues of power outages.
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President Ferdinand "Bongbong" Marcos Jr. led the switch-on of three new diesel power plants in Siquijor province on Friday, aiming to secure the island's energy supply.
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President Ferdinand Marcos Jr. announced that new diesel power plants in Siquijor are expected to resolve the province's recurring brownouts and power supply issues.
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President Ferdinand "Bongbong" Marcos Jr. reiterated that the administration's investigation into the Villar family's companies, PrimeWater and SIPCOR, is not personal.
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The Department of Energy (DOE) warned power companies to fulfill their obligations or face replacement, citing the situation in Siquijor.
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