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ILOILO CITY — The Supreme Court (SC) has temporarily blocked the decision of a regional court in Mandaluyong that declared as void and unconstitutional some provisions of MORE Electric and Power Co.’s (MORE Power) new congressional franchise covering Iloilo City.
MORE Electric and Power Corp. (MORE Power) has expressed interest to join the Iloilo City government’s planned auction of the assets of its rival firm, Panay Electric Co. (PECO) on Dec. 12.
PANAY ELECTRIC Company, Inc. (PECO), which has re-filed an application before Congress for the renewal of its franchise to distribute power in Iloilo City, has questioned the capability of its competitor, MORE Electric and Power Co. (MORE Power), to set up its own network.
HEARING RESUMES Tuesday, July 2, on the expropriation case filed by MORE Electric and Power Co. (MORE Power) for Panay Electric Co. Inc.’s (PECO) assets.
THE ILOILO City Regional Trial Court (RTC) Branch 37 will start hearing on June 13 the application for writ of possession filed by MORE Electric and Power Corp.
THE ILOILO Regional Trial Court (RTC) Branch 37 has denied the motion for reconsideration filed by Panay Electric Company, Inc. (PECO) against the hearings on the expropriation case filed by More Electric and Power Corp. (MORE Power).
MORE ELECTRIC and Power Co. (MORE Power) has started ground preparations for taking over the electricity distribution service in Iloilo City despite pending court cases, while its top official said they are very open to an amicable settlement with competitor Panay Electric Co., Inc. (PECO).