SK Innovation agreed to pay 2 trillion won ($1.78 billion) to settle the dispute with LG Energy Solution and withdraw all their other pending litigations to end their two-year legal battle, the companies said earlier in the day.
SK Innovation agreed to pay 2 trillion won ($1.78 billion) to settle the dispute with LG Energy Solution and withdraw all their other pending litigations to end their two-year legal battle, the companies said earlier in the day.
SunStar
(File photo: Visayan Electric Company)
+ April 11, 2021 HEEDING the appeal of the business chambers in Cebu, the Visayan Electric Co. is set to renegotiate some of its power contracts in efforts to lower power rates in its franchise area.
Visayan Electric president and chief operating officer engineer Raul Lucero announced that the electric utility has considered renegotiating its contracts with some of its power suppliers and is in fact already preparing to hold a competitive selection process (CSP) for power supply agreements.
“We understand the difficulties that our customers are facing now that we are in a pandemic and the Visayan Electric management has decided that this is one way of helping our customers, both the public and business sectors,” Lucero said.
SK Innovation agreed to pay 2 trillion won ($1.78 billion) to settle the dispute with LG Energy Solution and withdraw all their other pending litigations to end their two-year legal battle, the companies said earlier in the day.
Electric vehicles: Could getting one be right for you?
Richard Browning would not recommend a Nissan Leaf.
Beryl Good thinks her Tesla Model 3 is absolutely fabulous.
Julian Ostling, left, believes a switch to e-coaches was inevitable.
Electric vehicle charging station locations.
In an environmentally-conscious world, electric vehicles (EVs) are offered as a way to slash our greenhouse gas emissions. But they often come with a big price tag, take ages to charge and have a limited range. Are they really practical? Alisha McLennan spoke to some Mahurangi EV owners about their experiences.
Stephen and Nikki Dunn, Tauhoa
Vehicle: 2011 Nissan Leaf