ERC expects decision this year on 3 out of 7 Meralco PSAs

The Energy Regulatory Commission (ERC) is hopeful to come out with a decision on three out of seven power supply agreements (PSAs) of Manila Electric Co. (Meralco) by year-end.

In a forum yesterday, ERC commissioner Josefina Magpale-Asirit said the power regulator is looking to issue a decision on three Meralco PSAs with Redondo Peninsula Energy Inc. (RP Energy), St. Raphael Power Generation Corp. (SRPGC) and Atimonan One Energy Inc., which are currently undergoing procedural processes.

“Hopefully, barring any other complications, we should be able to consider a lot of the issues that have been put forth on the applications, power supply agreements put before us,” she said.

Asirit said Meralco is now commenting on the filings made my opposing parties on the three PSAs.

Read more here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s