The country’s largest power distributor, Meralco has formally asked the Court of Appeals to overturn a ruling on a power supply agreement that favored an entity under conglomerate San Miguel Corp. | jordeenelagare /PDI
“With due respect, the grant of the TRO was not in furtherance of the ‘interest of the general public,’” it said in a statement.Meralco said the CA should lift the TRO to allow the parties involved to continuously implement their 10-year power supply agreement and spare the public “from the unnecessary burden of increased electricity costs.”
Meralco argued that issuing the TRO or writ of preliminary injunction in favor of SPPC would be a prejudgment of the main case and render it “moot and academic.” The TRO promulgated by the CA earlier led to the suspension of the 2019 power supply agreement between Meralco and SPPC covering 670 megawatts of electricity.To make up for the lost supply, Meralco has sourced replacement power, albeit costlier, from the Wholesale Electricity Spot Market and the emergency power supply agreement with GNPower Dinginin Ltd.
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