Statements
ERC’s Approval of the PSALM’s recovery favors power oligarch’s greed
We in AGHAM denounce the Energy Regulatory Commission’s approval of the petition Power Sector Assets and Liabilities Management Corporation (PSALM) petition to recover P 21.47 billion pesos for the operating costs it incurred from 2007 to 2014 as it favors power oligarchs, bleeding the consumers dry from the exorbitant electricity Read more…