Marcos sees lower power rates in Mindanao with launching of WESM
MANILA, Philippines — President Ferdinand Marcos Jr. said Monday that launching the Wholesale Electricity Spot Market (WESM) in Mindanao would spur investments and economic activity in the region, primarily in manufacturing and other energy-intensive industries. According to him, the WESM would eventually create jobs and other opportunities for locals. It would also change the price […]
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