A senator on Tuesday welcomed the Supreme Court’s (SC) decision ordering the Energy Regulatory Commission (ERC) and companies to subject their power supply agreements (PSAs) to the mandated competitive selection process (CSP).
“The Supreme Court decision ordering the bidding of all power supply agreements submitted by distribution utilities (DUs) from June 30, 2015 is a win for all power consumers who are distrustful of sweetheart deals between DUs and generating companies,” said Sen. Sherwin Gatchalian, chairman of the Senate energy committee.
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