HB 3696

Franchise Renewal (25yrs) : Visayan Electric Company, Inc.

An Act Further Amending the Franchise of Visayan Electric Company, Inc., Granted Under Act No. 3499, as Amended, to Construct, Operate and Maintain a Distribution System for the Conveyance of Electric Power to the End-Users in the Cities of Cebu, Mandaue and Talisay and the Municipalities of Minglanilla, Naga, San Fernando, Consolacion and Lilo-An, Province of Cebu and Renewing/Extending the Term of the Franchise to Another Twenty-Five Years from the Date of Approval of This Act.