Ormeco
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ORMECO Slashes Electricity Rates by Nearly 3 Pesos per kWh for August 2024
The Oriental Mindoro Electric Cooperative (ORMECO) announced a significant decrease in electricity rates for August 2024, continuing a downward trend that began in June 2024. The overall electricity rate for residential consumers has dropped by…
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Mindoro SB Seeks Congressional Inquiry into ORMECO’s High Electricity Rates and Frequent Outages
The Sangguniang Bayan of Roxas, Oriental Mindoro has passed Resolution No. 537 calling for a Congressional inquiry into the “exorbitant” electricity rates and frequent power outages plaguing the province. The resolution, adopted recently, requests Oriental…
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ORMECO Cleared to Bid for 57-MW Subsidized Power Supply in Oriental Mindoro
The National Electrification Administration (NEA) has given the green light for Oriental Mindoro Electric Cooperative Inc. (ORMECO) to start the bidding process for a 57-megawatt power supply project, a move aimed at addressing the province’s…
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Electricity Rates Drop in Oriental Mindoro for July 2024
The Oriental Mindoro Electric Cooperative (ORMECO) announced a decrease in electricity rates for July 2024, contrary to circulating misinformation about price hikes. According to ORMECO’s latest data, the overall electricity rate for residential consumers has…
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ORMECO Explains Cause of Power Rate Increase
The Oriental Mindoro Electric Cooperative (ORMECO) has addressed issues about rising electricity rates and frequent power interruptions during a recent meeting with Calapan City officials, explaining the complex factors behind recent challenges and outlining plans…
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TransCo Unveils Ambitious Plans to Tackle Mindoro’s Power Crisis
The National Transmission Corporation (TransCo) has outlined a comprehensive strategy to address the persistent power crisis plaguing Mindoro, a promising island in the country, through a series of grid upgrades and operational improvements. In an…
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Powering Mindoro: The Complex Journey from Generation to Distribution
(Last Part of the Series) As residents of Oriental Mindoro flick on light switches and power up their devices, few pause to consider the intricate journey electricity takes from its source to their homes. Yet…
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ORMECO Launches Anti-Power Bill Shock Program for June 2024
CALAPAN CITY, Oriental Mindoro — The Oriental Mindoro Electric Cooperative (ORMECO) announced Friday the implementation of its Anti-Power Bill Shock (APBS) program to help consumers manage their electricity payments following recent power rate increases. The…
Founder’S Profile
Romel “Direk” Ferriol Bernardo
Bernardo Creative Ventures, Inc., the company behind Direk Fuels, Oriental Mindoro’s homegrown gas station chain, and Direk Builders, which rents out heavy equipment, is expanding its portfolio by venturing into online media and content production.
The company’s entry into news media is not surprising, as its founder and CEO, Romel “Direk” Bernardo, was a television writer, producer, and director for over 15 years. From 2002 to 2007, he served as a researcher, writer, and producer for GMA-7’s top-rating show Imbestigador before becoming the executive producer for ABS-CBN’s award-winning documentary program, The Correspondents.
