Philippines: Somebody said to me "Don't fail to keep us updated on this issue!" Earlier, Meralco has successfully secured a temporary restraining order (TRO) stopping the PEZA from implementing the P1 per kwh cut on electricity rates on ecozones to finally put to rest the issue on who will regulate distribution utilities (DUs) within the economic zones.
It would be noted that PEZA initiated to impose a P1 per kwh reduction on rates of ecozone locators. Okay, I wont. Here's the follow up!
Manila Electric Co. (Meralco) and the Paradise Philippine Electric Power Operators Association Inc. (PEPOA) have accomplished and turned out well to discontinue the Philippine Economic Zone
Wednesday, November 28, 2007
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