The Manila Electric Co. (Meralco) cannot automatically collect higher rates to reflect the sharp rise in December generation charge even after a Supreme Court temporary restraining order (TRO) on the planned adjustment lapses on...
The situation in the Luzon grid is back to normal after being placed on yellow alert on Tuesday and despite a warning from Energy Secretary Carlos Jericho Petilla that the grid might be placed on red alert status.
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Meralco can’t collect higher rates after TRO lapses