olongapo_city

President Benigno Aquino III signed the 25-year franchise to operate the local power distribution system to the Olongapo Electricity Distribution Company, Inc, (OCED) last week.

The grantee is a wholly-owned company of the Cagayan Electric Power and Light Co. (Cepalco) who purchased the power distribution assets of the Olongapo City government.

Read more HERE.

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