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Quick Summary:

It could have streamlined the PSA application process by respecting already the outcome of the CSPs that the DUs are mandated to undergo and limiting the PSA review to the adherence by the parties to the CSP Rules.

Consequently, in the meantime, the DUs can resort to emergency PSAs (EPSAs), which can be contracted without CSP and implemented ahead of the ERC approval subject to certain conditions.

The exercise of police power is not a substitute for past regulatory inaction that has gone unabated for years now.

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Article Details

Author / Journalist: BusinessMirror

Category: BusinessStartups

Markets: Philippines

Topics: Inaction Process Power Regulatory Option Applications Wesm Approval Pending Psas Police

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-24 @ 16:01:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 682 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © Business Mirror

News ID: 21371341

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 71 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 13 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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