MANILA (AFX-ASIA) – Manila Electric Co may have to pay up to 30.5 billion pesos to comply with a Supreme Court ruling ordering it to refund excess charges collected from 1994, company president Jesus Francisco said. (US$1=52 peso). In a television interview, Francisco said Meralco will submit its refund proposal to the Energy Regulatory Commission…

This article is for Subscriber members only.
Register
Already a member? Log in here