Senate approves franchise of Legarda son's solar company

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

A total of 16 senators vote in favor of the measure granting a franchise to the solar firm of Leandro Leviste, son of Senator Loren Legarda. PHNews

The Department of Energy has the power to determine the specific areas in the 13 provinces.

Underserved areas refer to places"currently served by individual solar home systems or distribution utilities whose services are less than 24 hours daily." The Senate version also states that SPSB's franchise"shall not affect the duty of the Department of Energy to promote private sector participation in the electrification" of far-flung and unserved areas and that QTP rules would still apply.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

🤦‍♂️

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines