BETTER INCOME OPPORTUNITIES FOR ALL. One Meralco Foundation President Jeffrey O. Tarayao leads the launch of the agriculture and livelihood electrification program for Laak Multipurpose Cooperative (LAMPCO) members in Laak, Davao de Oro.
A rural farming cooperative in the town of Laak in Davao de Oro has ramped up its livelihood operations
following the energization assistance provided by the One Meralco Foundation (OMF), resulting in better
income opportunities for members of the local community.
The project involves the installation of a 5.1-kilowatt peak solar photovoltaic system for the rice milling facility
of the Laak Multipurpose Cooperative (LAMPCO), whose operations have long been challenged by the lack of
reliable power supply.
With the new solar facility, the cooperative has increased its production by over threefold to over 100 sacks of
milled rice daily from around 30 sacks per day previously. The boost in rice mill production also provides
additional capital for farmers to sustain their crops throughout the planting season.
LAMPCO General Manager Edesa Morante said the energization assistance provided by OMF also allowed the
cooperative to cater to more community members.
“While power is a basic need, the impact it generates to our organization and the community magnifies how
power in its basic form can change lives and make it better. We are now moving forward as a multipurpose
cooperative and along with us are the many households that depend on our services. The benefits we gained
from the energization will ripple to our members and the rest of the communities we serve,” Morante said.
BOOSTING PRODUCTIVITY. Members of the Laak Multipurpose Cooperative (LAMPCO) in Laak, Davao de Oro prepare to mill rice grains or palay following the electrification assistance of the One Meralco Foundation. The new solar facility has allowed the cooperative to increase its production by over threefold to over 100 sacks of milled rice daily from around 30 sacks per day before.
The energization of agriculture and livelihood projects is among the initiatives of OMF under its community electrification program which also covers off-grid public schools, low-income households in the Meralco franchise area, rural health centers, and water access.
“Lack of electricity continues to be a challenge for many communities especially in rural Philippines. The agriculture and livelihood electrification is an expansion of our community electrification program that fosters inclusivity and equitable access to basic services powered by sustainable and renewable energy solution,” OMF President Jeffrey O. Tarayao said.
As the corporate social development arm of the Manila Electric Company (Meralco), OMF is committed to providing access to energy to as many underserved communities as possible as part of its mission to spreading the light.
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About MERALCO
Meralco is the largest electric power distribution company and the largest private sector utility in the Philippines. Through a Consolidated Certificate of Public Convenience and Necessity, Meralco provides electric service within its franchise coverage. Its subsidiaries are engaged in engineering and consulting, construction, bills payments and other electricity related services. A subsidiary is in the process of developing the Company’s power generation portfolio.
Meralco is listed on the Philippine Stock Exchange (PSE: MER). Meralco has the largest market capitalization among the Philippine listed utility and power sector companies. Further information is available at www.meralco.com.ph.
Meralco is committed to data protection and privacy. To know more about how the Company protects personal data, please visit https://company.meralco.com.ph/privacy-statement.
Meralco is the largest electric power distribution company and the largest private sector utility in the Philippines. Through a Consolidated Certificate of Public Convenience and Necessity, Meralco provides electric service within its franchise coverage. Its subsidiaries are engaged in engineering and consulting, construction, bills payments and other electricity related services. A subsidiary is in the process of developing the Company’s power generation portfolio.
Meralco is listed on the Philippine Stock Exchange (PSE: MER). Meralco has the largest market capitalization among the Philippine listed utility and power sector companies. Further information is available at www.meralco.com.ph.
Meralco is committed to data protection and privacy. To know more about how the Company protects personal data, please visit https://company.meralco.com.ph/privacy-statement.
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