Top Philippine Power Retailer to Refund $156 Million to Clients
Manila Electric Co., the Philippines’ largest power distributor, was ordered by the regulator to refund 9.5 billion pesos ($156 million), representing excess charges to customers.
By Ditas B Lopez · Bloomberg Markets
Manila Electric Co., the Philippines’ largest power distributor, was ordered by the regulator to refund 9.5 billion pesos ($156 million), representing excess charges to customers.