Taguig court extends TRO vs Meralco’s CSP to 20 days

Quick Summary:

THE Regional Trial Court of Taguig City has extended to 20 days the temporary restraining order (TRO) it issued against two Manila Electric Company’s (Meralco) conduct of a competitive selection process (CSP) for 1,000MW of additional electric supply requirements.

The Taguig RTC initially granted the plea of the petitioners, who are members of the consortium operating the Malampaya gas field, to stop the selection process scheduled on August 2 and September by issuing a 72-hour TRO.

On Friday, Prime Energy Managing Director and General Manager Donabel Kuizon-Cruz testified before the court on the supposed disastrous impact of the CSPs on the exploration and development of indigenous natural gas.

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Article Details

Author / Journalist: Joel R. San Juan and Lenie Lectura

Category: BusinessStartups

Markets: Philippines

Topics: Energy Court Process Selection Trial Competitive Issues Electric August Supply

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-04 @ 16:11:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 918 words

Reading Time: 6 minutes read

Sentences: 24 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 21918311

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