MANILA (AFX-ASIA) – The Supreme Court said it is upholding its ruling ordering Manila Electric Co to refund to customers overbillings from 1994 to 1998. Meralco earlier estimated the refund will cost it around 11.5 billion pesos covering the five-year period. The Supreme Court refund order issued in Nov 2002 was based on a 1998…
PHILIPPINES: Supreme Court upholds Meralco rate refund ruling
Posted on April 15, 2003 by EnergyAsia