MANILA (AFX-ASIA) – The Supreme Court ordered Manila Electric Co (Meralco) today to roll back its power rates to the levels before Jan 1, 2004, when it began implementing an Energy Regulatory Commission-approved provisional tariff hike of 0.12 peso per kilowatthour. (US$1=55 peso). The Supreme Court directed Meralco “to observe the status quo prevailing before…

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