To address the growing power demand in Mindanao, state-run National Power Corp. (Napocor) is set to gradually switch on multiple power units of the Agus-Pulangi hydroelectric plants through the end of this month until August. In a statement on Wednesday, June 24, Napocor said its power assets are...
For decades, the relationship between Filipino consumers and their electricity providers was entirely one-sided. If you lived in Metro Manila, you paid whatever the Manila Electric Co. (Meralco) billed you. If the summer heat strained the power plants feeding the high-voltage lines of the National...
The National Grid Corporation of the Philippines (NGCP) said it will actively evaluate new regulatory guidelines that strip away its exclusive control over building the country’s power lines, aiming to protect the legal and operational framework of the national transmission network. The privately...
The Mindanao grid is expected to return to normal conditions soon after being placed under yellow alert on Wednesday, June 10, following power supply disruptions partly caused by the recent 7.8-magnitude earthquake. Energy Secretary Sharon Garin said roughly 800 megawatts (MW) of capacity initially...
The Manila-based multilateral lender Asian Development Bank (ADB) has urged countries in Asia-Pacific to accelerate regional power connectivity as mounting geopolitical tensions, soaring electricity demand, as well as energy security risks threaten economic growth and household welfare across the...
The Asian Development Bank (ADB) is preparing a $10-million technical assistance (TA) grant to jump-start its newly launched Pan-Asia Power Grid Initiative, a flagship regional program aimed at expanding cross-border electricity trade and accelerating renewable energy (RE) integration across Asia...
Power transmission network system provider NGCP and the Philippine Coast Guard (PCG) officially formalized a strategic partnership through the signing of a Memorandum of Agreement (MOA) to fortify the security, resilience, and emergency response capabilities surrounding the nation’s critical...
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...
