Negros Power rolls out P2.1-B network upgrade program

MANILA, Philippines — Razon-led Negros Electric and Power Corp. has so far spent P1.2 billion to modernize its distribution system, including slashing system losses. On Wednesday, the company said the spending was part of its P2.1-billion funding to replace deteriorating lines, finance substation upgrades, modern meters and projects. READ: Razon-led Negros power backs rate cut push