MANILA (AFX-ASIA) – Finance Secretary Jose Isidro Camacho said the government expects to be able to sell its 10% stake in the Manila Electric Co (Meralco) only after the Energy Regulatory Commission decides on its rate plea. “As far as the Meralco shares are concerned we are looking to privatise… once the ERC has decided…
SINGAPORE: Meralco privatisation seen after ERC rate verdict; PNB sale in 5 years
Posted on September 23, 2002 by EnergyAsia