Meralco-San Buenaventura supply pact gets ERC nod

THE Energy Regulatory Commission (ERC) has approved the Power Supply Agreement (PSA) between Manila Electric Co. (Meralco), the country’s biggest power distributor, and San Buenaventura Power Ltd. Co. (SBPL).

The ERC, however, said the PSA, which will last for 20 years, should be subject to modifications.