10 months Pending PSAs shackle 4,500MW of power capacity additions MB |Biz
By Myrna M. Velasco The main reason of the rotating brownouts these summer months had been the 4,500 megawatts (MW)of expected power capacity additions getting shackled at commercial operations and implementations because of delayed approvals on their power supply agreements (PSAs), the Energy Regulatory Commission (ERC) said. ERC logo(Photo courtesy of www.erc.gov.ph) That was also forthrightly admitted by ERC Chairperson Agnes T. Devanadera, with her indicating that the Commission has been “understaffed” and cannot keep pace with the tedious load of approving power supply deals. “We have arrived at the number of 85 PSA cases that have not been acted ... more