Senate approves 25-year franchise of Solar Para sa Bayan

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The Senate passed on third and final reading the bill granting a 25-year franchise to Solar Para Sa Bayan Corporation (SPSB), a firm owned by Leandro Leviste, son of outgoing Sen. Loren Legarda.

With 16 affirmative and one abstention, members of the Upper Chamber approved on final reading House Bill No. 8179 which seeks to grant the SPSB a franchise “to construct, install, establish, operate, and maintain distributable power technologies and mini-grid systems throughout the Philippines to improve access to sustainable energy.”

Once signed into law, the measure will allow the SPSB to supply and distribute power in remote and unviable areas, as well as unserved and underserved parts of the country. The proposed franchise by the Senate also does not grant the SPSB the exclusive rights over these areas.

 

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