SC-2014-0012: EXTENSION OF TRO RE POWER RATE HIKE (G.R. No. 210245 (Bayan Muna Representatives Neri Javier Colmenares and Carlos lsagani Zarate, et al. vs. Energy Regulatory Commission, et al.); G~R. No. 210255 (National Association of Electricity Consumers for Reforms, represented by Petronilo L. Ilagan, et al. vs. Manila Electric Company, et al.); and G.R. No. 210502 (Manila Electric Company vs. Philippine Electricity Market Corporation, et al.) (18 FEBRUARY 2014, EN BANC)

 

DISPOSITIVE:

 

“Acting on the Urgent Motion for Extension of Temporary Restraining Order and/or Preliminary Injunction dated February 12, 2014 filed by counsel for petitioners in G.R. Nos. 210245 and 210255 and the Urgent Manifestation and Motion dated February 14, 2014 filed by counsel for MERALCO, the Court Resolved to

 

(a)               EXTEND the TEMPORARY RESTRAINING ORDER issued on December 23, 2013 for another period of sixty ( 60) days or until April 22, 2014;

 

(b)               GRANT a TEMPORARY RESTRAINING ORDER, effective immediately and for a period ending on April · 22, 2014, enjoining the generating companies, specifically Masinloc Power Partners Co. Ltd. c/o AES Philippines, San Miguel Energy Corporation, South’ Premiere Power Corporation, First Gas Power Corporation and National Grid Corporation of the Philippines, from demanding and collecting the deferred amounts representing the affected costs based on the matters raised in MERALCO’s December 5, 2013 letter; and

 

(c)               GRANT a TEMPORARY RESTRAINING ORDER, effective immediately and for a period ending on April 22, 2014, enJommg the Philippine Electricity Market Corporation from demanding and collecting the deferred amounts representing the affected costs based on the matters raised in MERALCO’s December 5, 2013 letter.”

 

 

TO READ THE DECISION, JUST CLICK/DOWNLOAD THE FILE BELOW.

 

SCD-2014-0012-JAN 2014-TRO-POWER RATE HIKE