02292016_Consolidated_Financial_Results

Meralco submitted its motion for leave to file and to

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MERALCO submitted its Motion for Leave to File and to Admit Attached Reply on October 12, 2015. Sucat-Araneta-Balintawak Transmission Line The Sucat-Araneta-Balintawak transmission line is a two-part transmission line, which completed the 230 kV -line loop within Metro Manila. The two main parts are the Araneta to Balintawak leg and the Sucat to Araneta leg, which cuts through Dasmariñas Village, Makati City.
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- 97 - *SGVFS015182* On March 10, 2000, certain residents along Tamarind Road, Dasmariñas Village, Makati City or plaintiffs, filed a case against NPC with the RTC-Makati , enjoining NPC from further installing high voltage cables near the plaintiffs’ homes and from energizing and transmitting high voltage electric current through said cables because of the alleged health risks and danger posed by the same through the electromagnetic field emitted by said lines. Following its initial status quo Order issued on March 13, 2000, RTC - Makati granted on April 3, 2000 the preliminary injunction sought by the plaintiffs. The decision was affirmed by the SC on March 23, 2006, which effectively reversed the decision of the CA to the contrary. The RTC - Makati subsequently issued a writ of execution based on the Order of the SC. MERALCO , in its capacity as an intervenor, was constrained to file an Omnibus Motion to maintain status quo because of the significant effect of a de-energization of the Sucat-Araneta line to the public and economy. Shutdown of the 230- kV line will result in widespread and rotating brownouts within MERALCO ’s franchise area with certain power plants unable to run at their full capacities. On September 8, 2009, the RTC - Makati granted the motions for intervention filed by intervenors MERALCO and NGCP and dissolved the Writ of Preliminary Injunction issued, upon the posting of the respective counter bonds by defendant NPC , intervenors MERALCO and NGCP , subject to the condition that NPC and intervenors will pay for all damages, which the plaintiffs may incur as a result of the Writ of Preliminary Injunction. In its Order dated February 5, 2013, the RTC-Makati granted plaintiffs’ motion and directed the re-raffle of the case to another branch after the judicial dispute resolution failed. This case remains pending and is still at the pre-trial stage. During the pre-trial stage, plaintiffs filed a Manifestation stating that they are pursuing the deposition of Dr. Martin Blank, a supposed expert in electromagnetic field, through oral examination without leave of court in late January or early February 2016 or on such date as all the parties may agree amongst themselves at the Consulate Office of the Philippines in Vancouver, Canada. NPC and intervenors filed their Opposition and Counter-Manifestation. Intervenor NGCP filed a Motion to Prohibit the Taking of the Deposition of Dr. Blank. Intervenor MERALCO intends to file its Comment/Opposition in due course. The next hearing for this case is set on March 24, 2016.
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