Senate, House ratify Solar Para sa Bayan franchise bill - News Summed Up

Senate, House ratify Solar Para sa Bayan franchise bill


MANILA, Philippines — Both the Senate and the Congress ratified Monday a bill granting a 25-year renewable energy distribution franchise to Solar Para Sa Bayan Corporation (SPSB) owned by 25-year-old Leandro Leviste, son of outgoing Sen. Loren Legarda. The Senate and the House of Representatives separately ratified the bicameral conference committee report on House Bill No. While the bill was eventually ratified in the upper chamber, senators Sherwin Gatchalian and Risa Hontiveros voted negative on the ratification of the bill. The senator added that the word “interruption” was also not clearly defined in the bicameral report. READ: 15 solons hit bill granting ‘illegal super franchise’ to solar power companyLeviste had denied this as he also debunked allegations that the grant of the franchise would create a monopoly.


Source: Philippine Daily Inquirer June 03, 2019 13:30 UTC



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