Alsons Power Group has bolstered its position in Cebu’s retail electricity supply market by securing a partnership with Japan-based Makoto Metal Technology Inc. (MMTI). This agreement, facilitated through Alsons Power Supply Corporation (APSC), involves electricity supply for MMTI's operations at two plants located in the Mactan Export Processing Zone II (MEPZ II) in Lapu-Lapu City.
Strategic Expansion in the Visayas
For a manufacturing company like Makoto Metal Technology, Inc., having a reliable, competitively priced, and flexible electricity supply is essential to sustaining our operations and supporting our continued growth. We see Alsons Power as a trusted partner that understands the unique requirements of the manufacturing industry and can provide the reliability, flexibility, and support we need as we expand our operations.
Jon Romulo A. Montances, Admin and Support Manager, Makoto Metal Technology, Inc.
- Alsons Power's agreement with MMTI marks a significant expansion beyond Mindanao.
- APSC now serves nine contestable customers, reflecting growing demand for competitive electricity solutions.
This partnership is part of the Retail Competition and Open Access (RCOA) framework, which allows qualified consumers like MMTI to select their electricity supplier based on pricing and service reliability. Montances emphasized that APSC’s competitive offers and their proactive approach to addressing supply challenges were decisive factors in choosing Alsons Power.
The collaboration enhances APSC’s presence in Cebu, a central hub for manufacturing and commercial activities in the Philippines. Alsons Power CEO Antonio Miguel B. Alcantara remarked on the importance of Cebu as a market, noting that MMTI represents a vital step in extending their energy solutions to the Visayas region.
As APSC continues to grow its customer base, the company is addressing the increasing demand for customized electricity supply arrangements that prioritize reliability and cost-effectiveness. This aligns with the national trend of expanding energy solutions to support the Philippines’ growing industrial sector.