Groups urge energy body to cancel pending PSAs - News Summed Up

Groups urge energy body to cancel pending PSAs


MANILA – Groups under the Power for People (P4P Coalition) have urged the Energy Regulatory Commission (ERC) to immediately cancel the seven power supply agreements (PSAs) of Meralco which have been pending with the ERC for two years. ADVERTISEMENT“ERC must nullify these contracts now, in the interest of the electricity consumers, or else the impasse will embolden Meralco to claim damages from the government. The PSAs were challenged by consumer groups and P4P for circumventing the Competitive Selection Process (CSP). “The town of Atimonan in Quezon has been affected because of ERC’s failure to cancel the PSAs,” said Fr. Electricity consumers should push for reforms,” Arances said.


Source: Philippine Daily Inquirer February 15, 2019 09:00 UTC



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