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Maroc Maroc - BUSINESSMIRROR.COM.PH - A La Une - 15/Aug 16:09

Lopez firms get ERC OK for cost recovery

POWER rates are expected to go up in October after the Energy Regulatory Commission (ERC) allowed Lopez-led First Gas Power Corporation (FGPC) and FGP Corp. (FGP) to recover the difference between the previously approved pass-through costs and the landed cost of Liquefied Natural Gas (LNG) and the New Gas Sale Purchase Agreement (GSPA).

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