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(Eagle News)–President Rodrigo Duterte has signed into law a measure that seeks to bring down electricity rates in the country. Under Republic Act 11371, or the “Murang Kuryente Act,” a portion of the net national government share from the Malampaya natural gas project is allocated for the payment of the “stranded contract costs and stranded debts” of the National Power Corporation. At present, the debts of Napocor have been transferred to and assumed by the […]
(Eagle News) — Lusot na sa committee level ang “Murang Kuryente” act na magbibigay ng 57 sentimos kada kilowatt hour na bawas sa electricity rate. Ito ay matapos aprubahan ng House Committee on Energy na pinamumunuan ni Marinduque Representative Lord Allan Jay Velasco ang consolidated bills na nagsusulong ng subsidy mula sa Malampaya Fund para sa utang at maging sa contract cost ng elektrisidad ng National Power Corporation. Ayon kay 1-Care Partylist Representative Carlos Roman […]
