The power industry law needs to be amended to allow the government to play a role in power auctions, a senior legislator said. READ:
“There is a lot of fine tuning that we need for EPIRA ; for example, the government should be allowed to hold a bidding process. As of now, under the CSP regime, it’s Meralco that seeks bids. The government should be allowed to hold a bid as well,” Senator Sherwin T. Gatchalian told reporters on Friday.
The Department of Energy requires all distribution utilities to procure power via a CSP, attracting bids to supply electricity from power generators. EPIRA sought to restructure the power industry by deregulation and privatizing most state-owned power generation and transmission assets.“My proposal is that the government should facilitate the bidding process, whether via electronic bids or physical, to ensure that it is fair,” he said.
Mr. Gatchalian said that this approach would reduce the likelihood of power outages because the government can determine the supply requirement.ect, that is an amendment to EPIRA. In other countries, the government is not completely hands oEnergy Secretary Raphael P.M. Lotilla said at a Senate Committee on Finance hearing on Friday that power supply is expected to be tight in the
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