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SM Prime Holdings Inc. has stepped up to address the pressing power crisis by signing in the interruptible load program of businessman Enrique Razon Jr.’s MORE Electric and Power Corp., the distribution utility in Iloilo City.
“In times of crisis, it is crucial for businesses to collaborate with utilities and government agencies to ensure the stability of our energy supply,” SM Engineering Design and Development vice president for operations Teodoro Bautista said. “We recognize the gravity of the situation and are committed to doing our part in supporting the nation’s energy resilience,” said MORE Power president and chief executive Roel Castro said.The ILP serves as a beacon of cooperation between the private and public sectors in addressing the energy shortfall.
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