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• SRN-531 as Filed
  11/20/2017 2.8MB

Long title

RESOLUTION DIRECTING THE COMMITTEE ON ENERGY OF THE SENATE TO CONDUCT AN INQUIRY, IN AID OF LEGISLATION, INTO THE ALLEGED ANOMALOUS CONTRACTS AND/OR AGREEMENTS ENTERED INTO BY FIRST CATANDUANES ELECTRIC COOPERATIVE WITH POWER ONE CORPORATION AND/OR CATANDUANES POWER GENERATION, INC., WHICH HAS RESULTED TO THE CONTINUED UNSTABLE POWER SUPPLY SITUATION IN THE ISLAND PROVINCE OF CATANDUANES AS WELL AS THE CHARGING OF BLOATED POWER RATES AND UNDUE PAYMENT OF FOREGONE ENERGY CHARGES BY CONSUMERS OF THE PROVINCE PURPORTEDLY WITH THE CONNIVANCE OF OFFICIALS OF THE NATIONAL POWER CORPORATION AND THE ENERGY REGULATORY COMMISSION, IN ORDER TO ESTABLISH THE TRUE AND REAL EXTENT OF SAID ANOMALY AND DETERMINE WHETHER OR NOT THE REGULATORS ARE ACTUALLY INVOLVED AND IN ORDER TO DETERMINE WHETHER OR NOT THERE IS A NEED FOR REMEDIAL LEGISLATION IN THIS REGARD.

Scope

Local

Legislative status

Pending in the Committee (11/20/2017)