Mayor Jerry P. Treñas, MORE Power owner Enrique Razon Jr., Kevin Tan of Megaworld Corporation and Roel Z. Castro, President/CEO of MORE Power, with business leaders of Iloilo City
“Coming together is a beginning, staying together is progress, and working together is success.” – Henry Ford
Recently, the 30/36 MVA New Megaworld Substation was inaugurated. Two of the biggest investors in Metro-Iloilo, namely ENRIQUE RAZON Jr., owner of MORE Electric and Power Corporation and KEVIN TAN, CEO of Alliance Global Group, Inc. (AGGI), jetted in from Cosmo-Manille to join Mayor JERRY P. TREÑAS and ROEL Z. CASTRO, President and CEO of MORE Electric and Power Corporation, at the ribbon cutting ceremony.
Situated in the center 72-hectare Iloilo Business Park, the first-of-its-kind permanent substation project of Iloilo City’s premier electric distribution utility promises to revolutionize the city’s power capacity and reliability, positioning it as an attractive destination for potential investors. Thus, bringing Iloilo to the next level by creating more jobs and opportunities for the Ilonggos. Well, why not? After all, the City of Love under the current administration is business-friendly.
Located at a strategic area, the 30/36 MVA New Megaworld Substation features cutting-edge technology. It is perfectly poised to meet the growing demand for electricity in key areas such as Megaworld, Ayala, SM, and Mandurriao.
In their meeting at the former’s office earlier that day, the Mayor and the tycoon discussed some exciting new developments for Iloilo City. The meeting focused on two key projects which are the underground distribution system at Calle Real, and the game-changing port developments that will significantly reduce shipment costs by 80% that will help us build a thriving logistics industry here in Iloilo City.
With that, Mayor JERRY P. TREÑAS extended his heartfelt gratitude to MORE Power for its unwavering partnership and commitment to delivering world-class power distribution services to Iloilo City.
Ribbon-cutting ceremony: Roel Z. Castro, President/CEO of MORE Power, Kevin Tan of Megaworld Corporation, Mayor Jerry P. Treñas and MORE Power owner Enrique Razon Jr.
Walk through the 30/36 MVA New Megaworld Substation: Roel Z. Castro, President/CEO of MORE Power, Mayor Jerry P. Treñas, Kevin Tan of Megaworld Corporation and MORE Power owner Enrique Razon Jr.
Here’s the speech of MORE Power principal owner ENRIQUE RAZON Jr.:
“It is with great pleasure that I welcome you all to the inauguration of the 30/36MVA Megaworld substation in Iloilo. This project is a testament to our commitment in supporting the growth and development of the local community, by providing reliable and sustainable power supply.
We are proud to have been part of Iloilo’s journey, towards progress and will remain committed to contributing in the region’s economic and social development. This substation is a testament to our unwavering dedication to innovation and excellence to a hope that it will bring significant benefits to the community.
On behalf of MORE, I would like to express my gratitude to our partners, stakeholders and employees who have contributed in making this project a reality. In closing, I would like to extend special thanks and appreciation to Mayor JERRY P. TREÑAS and Iloilo City Government for your steadfast support that enable our electric roll-out services here and become successful in Iloilo.
This is just the beginning. And also special thanks to KEVIN TAN and Megaworld for this visionary development that you have. It took a lot of risk in starting this. And all your successes is well-deserved.”
MORE Power owner Enrique Razon Jr.
Roel Z. Castro, President/CEO of MORE Power
Mayor Jerry P. Treñas
In response, Mayor JERRY P. TREÑAS said:
“My warmest greetings to all who are gathered here to the inauguration of MORE Power Corporation 30/36 MVA Megaworld substation. From our homes, offices, public spaces, commercial centers, electricity is a necessity. It is important in our daily lives. More so in a city such as ours.
As the city government endeavors to be one of the top most livable-highly urbanized cities of the Philippines by 2028. Let us all recognize the efforts of MORE Power to help us reach this goal. Facilities are continually upgraded and necessary repairs are made even during the COVID-19 Pandemic.
Teams are deployed 24/7, and communication lines are always open to quickly respond to concerns of the consumers. Customer service is professional making customers feel valued. Highly dependable high-quality service available to the community is something that Ilonggos are very proud of. I would like to congratulate MORE Power for all these accomplishments. This new megaworld substation with state-of-the-art facilities and strategically located in a key business district which is very near my own residence. By the way, it’s another achievement for you. Perhaps I should give you a plaque for this.
You have done a lot for the Ilonggos, Mr. RAZON (and) MORE Power, and I am very optimistic that there will be MORE from MORE. As we start to level up our city. We have to ensure that quality, electric power distribution becomes the standard. This enables us to improve quality of life, and prompt holistic development.
To end, I would like against o express my sincere gratitude to the Razon Group, MORE Power and to Mr. KEVIN TAN for continually investing in Iloilo City. You have the Iloilo City LGU as your indispensable partner and we will help you in whatever way we can.
We look forward to all the positive impacts that our continued and prospective collaborations on future projects will be achieved for our beloved Ilonggos.”
ROEL Z. CASTRO, President and CEO of MORE Power, for his part, said in his speech:
“This state-of-the-art substation is actually capable of unmanned operation. When we do the familiarization walk, everything is already electronics. It could be controlled and operated off-site in our control center. This is also SCADA-ready. Which means the communication system with this substation and all the substations later, when we do the rehabilitation of the five substations that we inherited, can already be operated and controlled from our control center. That control center is also under construction right now in diversion. By the end of the year, we will have another substation in Diversion, which is to replace the old substation in Gen. Luna and at the same time the new control center will already be operational by then. This substation will actually be our standard right now. Well, just to put a little pride in it, this is one of the latest in state-of-the-art in the country right now. So, all of these is geared towards electric service infrastructure in Iloilo right now is very reliable, adequate, stable and should be competitively priced.”
Roel Z. Castro, President/CEO of MORE Power, Kevin Tan of Megaworld Corporation, MORE Power owner Enrique Razon Jr., former Associate Justice of the Supreme court of the Philippines Francis Jardeleza, businessman Tony Jon and Mayor Jerry P. Treñas in a huddle
Former Associate Justice of the Supreme court of the Philippines Francis Jardeleza, MORE Power owner Enrique Razon Jr., Mayor Jerry P. Treñas, Kevin Tan of Megaworld Corporation and Roel Z. Castro, President/CEO of MORE Power with the top honchos of MORE Power.
KEVIN TAN of Megaworld Corporation and AGGI closed the program by saying:
“Our thanks to be part of this initiative and join MORE Electric and Power Corporation in its effort to boost Iloilo’s power capacity and reliability and provide cost efficient electricity service to the community through this brand-new modern substation. Transforming Iloilo City into a world-class investment hub in this part of the country, is our vision… it is a vision that we equally share in the Iloilo City LGU and MORE Power.
We are more than happy to support its vision to modernize and deliver improved services to the city and its people to this 900 sqm parcel of land inside Iloilo Business Park. Through Iloilo Business Park we have made investment destinations in this part of the country. We take pride in this 72-hectare township, it is currently our most successful function outside of Luzon. This bustling community which used to be the site of the old-Iloilo Airport is now home to 25,000 employees, working in ten office powers. 8-residential condominium towers with a total of inventory 2,500 best and class residential units. We are also currently constructing 6-towers right now. We are also home to two-five-star hotels with a combined 500 room (inaudible). And also home to 200 retail partners operating in our festive walk Iloilo and other buildings within the township. And soon, we just inaugurated this. We will have the largest ICARE in Iloilo City. This ICARE center is 2,500sqm plot of land. We will have a modern police-station, BFP Fire station, Civic Center a Library as well and a Barangay Hall. It’s a fully functional government center and it will really be a big benefit to the community.
Our partnership with MORE will further power our goal of attracting and bringing in MORE Investments to the City as its central business district. Steady power supply and stable electricity prices are among the pre-requisites of our locators and business. In having this new state-of-the-art facilities in our township is a big plus and a huge confidence boost to our potential investors. By design, MEGAWORLD townships such as the Iloilo Business Park are built to be resilient and self-sustaining master plan communities.
This is why, this new substation of MORE Power is a very important development as this will grow a long way in our township communities. As our township communities continue to grow, while significantly enhancing and strengthening Iloilo Business Park’s position, capacity and ability to attract investments and sustain new businesses. Moreover, the state of the art facility which can accommodate two 30megawatt transformers will be able to make substantial impact to the neighboring barangays, and communities as this will ensure more access to more cost-efficient electricity.
I wish again to express my sincere thanks and congratulations to MORE Power for the successful energization of this new Megaworld substation. My hope is this is just the beginning of many more partnerships that we will be working together as we look to fulfill our shared vision of elevating Iloilo City as the next level city and premiere investment hub in this part of the country.”