PROVINCIAL RESOLUTION NO. 2018-329

Title

OPPOSING THE APPLICATION OF THE NATIONAL GRID CORPORATION OF THE PHILIPPINES (NGCP) TO THE ENERGY REGULATORY BOARD (ERC) FOR THE COLLECTION OF A FORCE MAJEURE PASS-THROUGH COSTS IN THE TOTAL AMOUNT OF THREE HUNDRED TWENTY SEVEN MILLION FIVE HUNDRED TWENTY THOUSAND PESOS (PHP327,520,000.00) FROM ITS CUSTOMERS IN THE ISLAND OF LUZON FROM JANUARY 2018 TO DECEMBER 2020. OR UNTIL THE AMOUNT IS FULLY RECOVERED

Approved: September 4, 2018

Author/s: