THE Energy Regulatory Commission (ERC) has rejected Manila Electric Co.’s (Meralco) application to extend its supply deal with a unit of AboitizPower Corp. until December 2022.
In its order, the regulator resolved to deny the motion to extend the power supply agreement (PSA) of Meralco with Therma Luzon Inc. (TLI), a wholly owned subsidiary of Therma Power, Inc. (TPI). TPI is the holding company for AboitizPower’s non-renewable energy projects.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.