MANILA (AFX-ASIA) – Electricity rates may drop by 0.11 to 0.25 pesos per kilowatthour in the coming months in line with the government’s five-pronged approach to reduce power costs, Energy Secretary Vincent Perez said. (US$1=52 peso). He told reporters the government is moving to implement “long-term structural reforms” in the power sector to make electricity…
PHILIPPINES: Electricity rates may decline 0.11-0.25 pesos/kWh Ð Perez
Posted on May 21, 2003 by EnergyAsia