MANILA (AFX-ASIA) – The Energy Regulatory Commission (ERC) said it has allowed state-run National Power Corp (Napocor) to collect from this month around 3.2 billion pesos worth of fuel and purchased power cost adjustment charges (FPCA) that it failed to recover from January 2001 to September 2002. (US$1=51 pesos). FPCA, which represents costs incurred in…

This article is for Subscriber members only.
Log In Register