In a formal signing ceremony held today at Pasig City, TIELCO and SUWECO Tablas Energy Corporation officially concluded the signing of the 15 year Power Supply Agreement (PS A) to supply the power requirement in Carabao Island. STEC is represented in the signing ceremony by Atty. Ronald S. Ang, President of Sunwest Water and Energy Corporation together with other top officials of STEC while TIELCO are represented by Board President Hernando Evangelio, General Manager Dennis L. Alag, its Board of Directors and Management officials.

STEC is set to takeover the generation function from NAPOCOR at Carabao I Island before year end of 2022.