
Ceneco, Primelectric joint venture questioned, transparency urged
A progressive group is calling for full transparency and disclosure, while the Bacolod City Sangguniang Panlungsod “noted” the signed joint venture agreement (JVA) between Central Negros Electric Cooperative and Primelectric Holdings Inc. on Wednesday.Paghimud-os Negros issued an open letter to CENECO, PHI, and consumers on Wednesday calling for transparency.The letter contained 28 questions addressed to PHI and CENECO on systems upgrading, privatization, the rationale behind the JVA, effects to the current employees, and voting procedures.“We reiterate our call for transparency and full disclosure in the matter of the JVA and CENECO’s franchise, as well as the consuming public’s right to be informed, consulted, and allowed to participate in deliberations that will determine th...









