“No less than the Supreme Court have stopped the PSAs, because Meralco awarded them without bidding in violation of government-mandated competitive selection process. Energy Regulatory Commission officials who accommodated these illegal PSAs had likewise been suspended for graft,” Colmenares said.
He said consumers “will suffer from a faulty bidding because such an exercise will not help pick the most deserving power suppliers” who were willing to sell electricity to Meralco and its customers at the least cost.
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