Militant lawmakers want the House of Representatives to investigate the Manila Electric Company’s (Meralco) alleged purchase of costly power from a coal-fired power plant in Mauban, Quezon.
Bayan Muna Representatives Carlos Zarate, Ferdinand Gaite and Eufemia Cullamat filed House Resolution No. 1350 to probe the high generation rates imposed by the Quezon Power Philippines Ltd. (QPPL)
“Based on an analysis of Meralco generation purchases for 2019, QPPL has been perennially the most expensive coal power in the country since 2000 with rates 9 to 12 percent higher than the other coal plants. However, in 2020, Meralco paid QPPL 51 to 82 percent higher than other coal plants,” the resol…
Keep on reading: Probe sought on Meralco’s costly purchase of power