The Energy Regulatory Commission (ERC) has approved applications for capital expenditure projects amounting to around P1.15 billion as of April this year, the agency said on Thursday, May 10, citing its report to the President.
“We (the ERC) have achieved meaningful milestones, and we owe it to Pres. Duterte with the continuing guidance and support from his office. The past four (4) months was truly challenging, but we were able to achieve significant accomplishments with the valuable contributions of the Commissioners,” said Agnes T. Devanadera, ERC chairperson and chief executive officer, in a statement. — Victor V. Saulon