Section 2
SEC. 2. During the period from November first, nineteen hundred and forty-five, up to the end of a five-year period counted from the date of the approval of this Act, the grantee shall spend and/or invest an amount of not less than forty million pesos for the repairs, reconditioning, rehabilitation and replacement of, and new additions to, its electric light, heat and power system, including but not limited to shop equipment, electric generating, transmission and distribution systems and equipment, power plants, sub-stations, real estate, buildings, furniture and office equipment needed in connection with, its business.