Cebu III Electric Cooperative Inc. (CEBECO III) has signed a 25-year electric power purchase agreement (EPPA) with Toledo Power Company (TPC), a subsidiary of Global Business Power Corporation (GBP).

In response to the projected hike in power demand within its franchise area in Toledo City and the towns of Asturias, Balamban, Pinamungajan, and Aloguinsan, CEBECO III has entered into an agreement with TPC for the supply of 17 megawatts of electricity beginning February 26, 2015.

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