Mindanaotoday.com | PIA hails FDC Misamis as #1 taxpayer, biggest investment
VILLANUEVA, MISAMIS ORIENTAL – The PHIVIDEC Industrial Authority (PIA) hails FDC Misamis Power Corporation (FDC Misamis), owner and operator of the 405-MW FDC Misamis Thermal Power Plant, as its Top 1 Prompt Payor for consistently settling its obligations on time.
The power project is the biggest investment in the area to date. PIA highlights the invaluable commitment of FDC Misamis to its success in bringing socio-economic progress to the locality.
The photo above shows PIA Administrator Ret. MGen. Jesus Manangquil, Jr. (2nd from right) handing over the plaque of recognition to FDC Misamis Vice President for Project Development Luis Lagarnia (2nd from right).
FDC Misamis is among the large power producers in Northern Mindanao, providing cost-effective and reliable electricity to consumers since its commercial operations in 2016.
The power firm is part of the Filinvest group under the subsidiary FDC Utilities, Inc., its utilities and infrastructure arm. (PR | FD
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