State-run Maharlika Investment Corp. (MIC), which manages the country ’s first sovereign wealth fund (SWF), has signed a cooperation agreement with key government energy agencies to modernize and rehabilitate the aging power transmission system of Mindoro Island, with officials aiming to...
National Grid Corporation of the Philippines (NGCP) requested a formal police investigation into a suspected act of sabotage that severed a critical 500-kilovolt transmission line and deepened the power shortage across the country. The grid operator sent a letter dated May 15 to Philippine National...
The National Grid Corporation of the Philippines (NGCP) plans to invest nearly ₱7 billion in a dedicated substation to guarantee a stable power supply for New Clark City in Capas, Tarlac, anticipating a surge in demand from a planned artificial intelligence (AI) industrial hub. Joshua Bingcang,...
State-run Maharlika Investment Corp. (MIC), which manages the country’s first sovereign wealth fund (SWF), grew its total comprehensive income by 2.3 percent to ₱2.74 billion last year from ₱2.68 billion in 2024 as business income rose despite higher expenses. Based on MIC’s latest...
Country’s energy infrastructure is buckling under intensified seasonal demand, with grid operators warning of a second consecutive day of rotating power outages across the country’s two largest island groups. The National Grid Corporation of the Philippines (NGCP) placed both the Luzon and...
The National Grid Corporation of the Philippines (NGCP) placed the Luzon and Visayas grids under red alert on Wednesday, May 13, amid supply deficit that may trigger rotating power interruptions across the country’s most populous regions. The grid operator announced that the Luzon region will...
Samarkand, UZBEKISTAN — “So many” developing Asia-Pacific economies are scrambling to secure concessional financing from the Asian Development Bank (ADB) to bankroll their response to crises caused by the war in the Middle East. “We have already received so many requests from so many...
The National Grid Corp. of the Philippines (NGCP) expects the country’s power transmission network to remain stable throughout the summer season, provided that generation companies adhere to their scheduled maintenance programs. In a briefing on Wednesday, April 15, Cynthia Alabanza, a...
The Manila-based Asian Development Bank (ADB) has launched a multi-partner fund aimed at financing critical project preparation for cross-border energy and transmission infrastructure in the Association of Southeast Asian Nations (ASEAN), marking the first initiative of its kind in the region. The...
When Atty. Francis Saturnino “Nino” Juan took the helm of the Energy Regulatory Commission (ERC) in August 2025, he inherited an agency choked by years of delays. Its credibility was so bruised that power sector stakeholders approached progress not with hope, but with hardened, deliberately...
A unified cancer care framework dubbed the “Philippine National Cancer Grid” was launched during the Philippine National Cancer Summit (PNCS) 2026, aiming to address gaps in the country’s fragmented healthcare system. The initiative seeks to transition the Philippines from “pockets of...
The Energy Regulatory Commission (ERC) has authorized the National Grid Corporation of the Philippines (NGCP) to proceed with the ₱11.4 billion interconnection project designed to stabilize power supply on Siargao Island. In a formal notice, the industry regulator greenlit the Claver-Siargao...
