EPIRA amendments urged to allow government role in power auctions [BusinessWorld]

2022-10-11T15:30:32+08:0009 Oct 2022|Tags: , , , , , , , |

THE power industry law needs to be amended to allow the government to play a role in power auctions, a senior legislator said. “There is a lot of fine tuning that we need for EPIRA (Electric Power Industry Reform Act of 2001); for example, the government should be allowed to hold a bidding process. As of now, under the CSP (Competitive Selection Process) regime, it’s Meralco (Manila Electric Co.) that seeks bids. The government should be allowed to hold a bid as well,” Senator Sherwin T. Gatchalian told reporters on Friday.