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.