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• SRN-972, as Filed
  12/11/2018 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 POWER ONE CORPORATION AND/OR ITS DESIGNATED PROJECT COMPANIES/AFFILIATES WHICH HAVE RESULTED TO THE CONTINUED UNSTABLE POWER SUPPLY SITUATION IN ITS AREAS OF OPERATION IN THE ISLAND PROVINCES OF CATANDUANES, MINDORO AND PALAWAN, AS WELL AS TO THE CHARGING OF BLOATED POWER RATES AND UNDUE PAYMENT OF ‘FOREGONE ENERGY’ AND/OR ‘STANDBY ENERGY’ CHARGES BY MEMBER-CONSUMERS OF ELECTRIC COOPERATIVES COVERING SAID PROVINCES PURPORTEDLY WITH THE CONNIVANCE OF OFFICIALS OF THE NATIONAL POWER CORPORATION, THE ENERGY REGULATORY COMMISSION AND/OR LOCAL GOVERNMENT OFFICIALS, IN ORDER TO ESTABLISH THE TRUE AND REAL EXTENT OF SAID ANOMALY AND DETERMINE WHETHER OR NOT THERE IS A NEED FOR REMEDIAL LEGISLATION IN THIS REGARD

Scope

National

Legislative status

Pending in the Committee (12/11/2018)