MANILA, Philippines - The Senate on Wednesday passed on second reading SB1950 or the Murang Kuryente Bill which will provide cost-saving electricity rates to consumers,especially poor families. The bill, once enacted, will reduce electricity rates by allocating national government shares from the Malampaya fundsfor the payment of the stranded contract costs and stranded debts of the National Power Corporation (Napocor). Senate President Pro-Tempore Ralph Recto said the measure complied with Presidential Decree 910. "This bill, I have been assured, complies with Presidential Decree (PD) 910 and the Supreme Court ruling on the matter. The katas ng Malampaya will be plowed back to ...
Keep on reading: Senate OKs Murang Kuryente bill on second reading
from INQUIRER.net http://bit.ly/2WuacU0
add
Subscribe to:
Post Comments (Atom)
Motorcyclist dead in Lucena collision
LUCENA CITY ---- A motorcyclist running against a one-way street died after he collided with another motorcycle in Lucena City early Friday....
-
Many celebrities have since mourned comedian Chokoleit, real name Jonathan Aguilar Garcia, after he passed away on Saturday, March 9. The 46...
-
Carlo Aquino has elaborated on how special Angelica Panganiban is to him, and admitted that there was never any awkward moment between them....
-
MANILA, Philippines --- While it takes almost a whole day for the Traslacion to be completed in previous years,there is a possibility that t...
No comments:
Post a Comment