Bill to renew Meralco franchise 'to signal economic stability'

A bill has been filed at the House of Representatives seeking to grant a fresh legislative franchise to Manila Electric Company .

Rodriguez, a member of the House Committees on Energy and Economic Affairs, recently filed House Bill 9813 for the grant of a 25-year legislative franchise to Meralco—a measure that the lawmaker emphasized is necessary to build investor confidence in the country. Rodriguez said a legislative franchise should be granted to Meralco this early on to show the government’s commitment to achieving energy security.

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meralco customers turn to humor to ease bill shockCarrying their latest Meralco bill, several neighbors huddled one hot afternoon to compare their electricity charges. In what they called the 'bill reveal,' they open the envelope to slowly show how much they should pay Meralco.
Source: gmanews - 🏆 11. / 68 Read more »

Pay gap between BSP execs, public school teachers enrages party-list groupDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »

Grab cools down thousands of street workers, delivery riders on Labor DayDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »

North Korea UN envoy says new sanctions panel will failDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »

China’s military aggression prompt PH, US, Japan, Australia to line up more joint maritime drillsDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »

German army faces new questions over online securityDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »