Marcos stops Davao power firm’s franchise expansion

DAVAO CITY—President Marcos has vetoed the bill seeking to expand the franchise of the Aboitiz-owned Davao Light and Power Company (DLPC) due to its “susceptibility” to infringe on the franchise coverage area of the North Davao Electric Cooperative Inc. (Nordeco). In his veto message addressed to the Senate and the House of Representatives on July […]

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