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MANILA, Philippines -- The Supreme Court has affirmed with finality its May 2019 ruling ordering the Energy Regulatory Commission (ERC) to conduct a competitive selection process (CSP) on all power supply agreements (PSAs) submitted by distribution utilitiesIt’s final: SC orders rebidding of power supply deal
MANILA, Philippines -- The Supreme Court has affirmed with finality its May 2019 ruling ordering the Energy Regulatory Commission (ERC) to conduct a competitive selection process (CSP) on all power supply agreements (PSAs) submitted by distribution utilities on or after June 30, 2015. In a two-page resolution, the high court denied the separate appeals filed by the Office of the Solicitor General (OSG) on behalf of the ERC and the Panay Energy Development Corporation (PEDC) for their failure to raise new arguments that would warrant the reversal of its decision. "Acting on the following motions for reconsideration of the decision dated May 3, 2019, the Court resolved,...Keep on reading: It’s final: SC orders rebidding of power supply deal Read more