The Energy Regulatory Commission (ERC) announced that it has deferred six capital expenditure (capex) projects of the National Grid Corporation of the Philippines (NGCP). In a decision posted on Feb. 24, the ERC cited pending issues that needed to be addressed before approving the NGCP projects....
The National Grid Corporation of the Philippines (NGCP) has won its arbitration case against the Power Sector Assets and Liabilities Management Corporation (PSALM) and the National Transmission Corporation (TransCo) regarding prepayment validity. In a disclosure to the Philippine Stock Exchange on...
To help address power strains and bring in new power transmission, the Energy Regulatory Commission (ERC) has approved four capital expenditure (capex) projects of the National Grid Corporation of the Philippines (NGCP). According to the ERC on Feb. 12, NGCP received a green light for three...
The National Grid Corporation of the Philippines (NGCP) announced that transmission rates in consumers’ electricity bills increased due to high ancillary service (AS) charges in February. In a briefing on Wednesday, Feb. 12, Julius Datingaling, head of the revenue management department, said...
Yuchengco-led PetroGreen Energy Corporation's (PGEC) Limbauan Solar Power Project (LSPP) in Isabela province has received transmission connection approval from the National Grid Corporation of the Philippines (NGCP). In a statement on Monday, Feb. 10, PGEC said LSPP's phase two received the green...
Philreca Party-list Rep. Presley de Jesus (left), Santa Rosa City lone district Rep. Dan Fernandez (PPAB) The Energy Regulatory Commission's (ERC) past "failure" to carry out a timely rate reset--which had been detrimental to...
Gabriela Party-list Rep. Arlene Brosas (left); President Ferdinand "Bongbong" Marcos Jr. (PPAB, Facebook) Gabriela Party-list Rep. Arlene Brosas is doubtful that Marcos government's deal with privately-owned transmission company...
Some senators on Tuesday, Jan. 28, have expressed support for Maharlika Investment Corporation's (MIC) bid for a 20-percent stake in the National Grid Corporation of the Philippines (NGCP). MAIDEN INVESTMENT — President Ferdinand 'Bongbong' Marcos Jr. with Maharlika Investment Corp. (MIC)...
The Maharlika Investment Corporation (MIC) has expressed interest in acquiring China's stake in the National Grid Corporation of the Philippines (NGCP), following its recent share acquisition in Synergy Grid and Development Philippines Inc. (SGP). In a briefing on Tuesday, Jan. 28, MIC President...
Following a major investment by the Maharlika Investment Corporation (MIC) in the National Grid Corporation of the Philippines (NGCP), the Department of Energy (DOE) announced that this partnership aims to resolve ongoing delays in transmission and interconnection projects that have long plagued...
Synergy Grid and Development Philippines Inc. (SGP) has accepted a binding offer from the state-run Maharlika Investment Corporation (MIC) for a 20-percent stake to secure a foothold in the National Grid Corporation of the Philippines (NGCP), Malacañang said. MAIDEN INVESTMENT — President...
Cagayan de Oro City 2nd district Rep. Rufus Rodriguez (Facebook) Cagayan de Oro City 2nd district Rep. Rufus Rodriguez was up in arms after his House colleague tried to cite draft documents during a recent motu proprio inquiry on the performance of...
