IN THE NEWS: Bayan Muna Rep. Neri Colmenares asked the SC to - TopicsExpress



          

IN THE NEWS: Bayan Muna Rep. Neri Colmenares asked the SC to compel Meralco to submit a compliance report in connection with the TRO issued on December 23, 2013 that was extended for another 60 days until April 22, 2014. Generation companies (GenCos) that supply electricity to Meralco have been stopped for 60 days from collecting the adjusted generation charges which was cited by Meralco in increasing its rate. Likewise, the Philippine Electricity Market Corporation (PEMC) was stopped from demanding and collecting the “deferred amounts representing the affected costs.” Read more: mb.ph/did-meralco-defy-sc-tro/
Posted on: Wed, 19 Mar 2014 06:25:07 +0000

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