ENERGY stakeholders on Wednesday rejected calls to repeal the Electric Power Industry Reform Act of 2001 (Epira), which is being blamed by some quarters for high power rates, saying what the law needs is only “finetuning.”
Speaking before the Energy Regulatory Forum held in Makati City, Tonci Bakovic, chief energy specialist of the International Finance Corp. (IFC) brushed aside ideas to repeal the Epira law.
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