Based on world market trends, fuel energy available to power producers now cost more than 50-percent lower. As such, the Malampaya shutdown “clearly should not result to additional costs, and thus, (there is) no basis for any power rate hike.”
Based on world market trends, fuel energy available to power producers now cost more than 50-percent lower. As such, the Malampaya shutdown “clearly should not result to additional costs, and thus, (there is) no basis for any power rate hike.”