MANILA (AFX-ASIA) – President Gloria Macapagal-Arroyo has told Energy Secretary Vicente Perez to discuss with First Gas Power Corp, the possibility of deferring collection and cutting some of the purchased power charges collected from its customers. Her statement follows the announcement of another round of increases in the purchased power adjustment (PPA) charges of the…
PHILIPPINES: First Gas/Meralco asked to defer collection of PPA charges
Posted on March 24, 2003 by EnergyAsia