Monday 20 May
Tunog MVP: ERC also warns of power outages as a result of SC ruling vs power deals May 13, 2019 @ 20:27

Tunog MVP: ERC also warns of power outages as a result of SC ruling vs power deals

 

The Energy Regulatory Commission has warned of repercussions if the Supreme Court ruling requiring all power deals executed from 2015 to go through competitive bidding is implemented.

After unplugging ERC-Meralco sweetheart deal, DOE expects to solve power crisis with more open, fair bidding

“It will really affect the supply scenario considering the problems we have now during the summer season. You can just imagine if suppliers are asked to stop supplying due to the SC decision,” said ERC Commissioner Catherine Maceda as quoted by The Philippine Star.

SC blows to bits Meralco’s sweetheart deals: ERC abused its power allowing MVP-Salim firm to avoid bidding rules

The SC ruling was in response to a petition seeking to stop the supposed “sweetheart deals” entered into by power utility giant Manila Electric Co. with its subsidiaries.

‘Greedy energy oligarchs’: Officials behind ERC-Meralco sweetheart deal should be punished – Zarate

Pangilinan earlier said the lack of an alternative source of new abundant energy resources could create a supply crunch.

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