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Anti-consumer ruling

The power sector is abuzz with speculations as to what would be San Miguel Corp.โ€™s next move in so far as the Energy Regulatory Commissionโ€™s denial of its petition to be allowed to temporarily raise its rates on its fixed-rate power supply agreements with Meralco covering two power plants by 30 centavos per kilowatt-hour over six months.
Batangas City Ramon Ang Global Power Holdings Corp Energy Regulatory Commission San Miguel Corp San Miguel

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