About Company
Formerly Salcon Power Corporation, SPC Power Corporation (SPC) was incorporated on March 11, 1994. It is a venture company organized by members of the Salcon Consortium which entered into a Rehabilitation, Operation, Maintenance and Management (ROMM) agreement with the National Power Corporation (NPC) on March 25, 1994 for the purpose of undertaking the ROMM of the 203.8 megawatt (MW) Naga Power Plant Complex in Colon, Naga, Cebu.
SPC Power Corporation and its subsidiaries were incorporated in the Republic of the Philippines and registered with the Philippine Securities and Exchange Commission (SEC).
The Parent Company is a venture company owned by members of the Salcon Consortium which entered into a Rehabilitation, Operation, Maintenance and Management (ROMM) Agreement with the National Power Corporation (NPC) on March 11, 1994 for the purpose of undertaking the 203.8 megawatt (MW) Naga Power Plant Complex (Power Complex) in Colon, Naga, Cebu under the ROMM Agreement.
The year 1994 marked the birth of Salcon Power Corporation, or SPC, which was formed to fulfill the obligitions under the ROMM contract, and more importantly, a mission to provide Cebu with a sustainable source of power. As a publicly listed Philippine corporation, SPC is authorized to primarily engaged in the design, construction, rehabilitation, operation, maintenance and management of power generation, supply and distribution of plants and related facilities.
Our Mission
To provide quality and reliable power supply to our customers from a mix of conventional and renewable sources and ensure a fair and reasonable price that will allow an appropriate balance between availability of supply and equitable return to our shareholders.
Our Vision
To be a long-term partner in the growth and development of our nation, by providing an imperative for nation-building and a better quality of life for our citizens —- electricity.
Our Values
S-TEADFAST. We are dutifully firm and unwavering in our resolve to always meet our customers demand;
P-ERSISTENT. We are determined to reach our company’s goals despite challenges or obstacles;
C-ARING. Caring for and protecting our environment is a prerequisite for the success of our business;
P-HILANTROPHY. Giving back to the community is our way of life. We are sensitive to the needs of the communities we serve and belong to;
O-BJECTIVITY. We trust our personnel’s judgement to be free of bias and outside influence in carrying out tasks;
W-ELL BALANCED. We aim to provide our personnel with a healthy work-life balance atmosphere that increase their productivity and boost happiness in the workplace;
E-EXCELLENCE. Day in and day out, we strive to be the best in everything we do;
R-ESPONSIBILITY. We trust and rely on our personnel to make decisions on their own, based on limits of authority and principles of personal accountability.
