MANILA (AFX-ASIA) – The Manila Electric Co, expressing disappointment over the lower-than-requested tariff increase approved by the Energy Regulatory Board, said it is “carefully studying” the ruling’s impact on consumers and the company’s viability. “We are disappointed by the outcome of the decision,” Meralco legal counsel Wigberto Tanada said, noting the company had expected a…
PHILIPPINES: Meralco studying impact of ERC’s rate increase ruling, says it is disappointed
Posted on April 3, 2003 by EnergyAsia