The Davao Light and Power Company Inc. (DLPC) said it respected the decision of President Ferdinand “Bongbong” Marcos Jr. to veto the bill expanding the franchise area of the Aboitiz-owned utility …
The Davao Light and Power Company Inc. said it respected the decision of President Ferdinand “Bongbong” Marcos Jr. to veto the bill expanding the franchise area of the Aboitiz-owned utility firm to seven more areas in Davao Region.
The supposed expansion would cover Tagum and Island Garden City of Samal, Asuncion, Kapalong, New Corella, San Isidro and Talaingod towns in Davao del Norte, which the North Davao Electric Cooperative Inc. currently services.Edillon said the company respects the sentiments of the local government units of Davao del Norte, which initiated the move to change the distribution utility from NORDECO to DLPC.He added he is not privy to the next move of the affected LGUs after the veto of HB 10554.
He said HB 10554 contravenes Section 27 of RA No. 9136 or the Electric Power Industry Reform Act, mandating that “all existing franchises shall be allowed to their full term.
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