Maharlika Investment Corp. (MIC) President and Chief Executive Officer Rafael Consing Jr. believes that a probable investment by the sovereign fund into the National Grid Corporation of the Philippines (NGCP) will be profitable, as well as bring stability to the grid and power communities across...
The National Grid Corporation of the Philippines (NGCP) said the company should not be solely held accountable for the recent Panay power outage, as other parties in the energy sector were also involved. In an interview with the ANC on Monday, Jan. 8, NGCP Spokesperson Cynthia Alabanza said they do...
The Maharlika Investment Corporation (MIC) has plans to invest in the country’s energy sector, particularly in the National Grid Corporation of the Philippines (NGCP), to lower energy costs and transform it into a more reliable and resilient grid to power communities. National Grid Corporation of...
The Presidential Communications Office (PCO) said that the supply of electricity has been restored in Panay Island in the Western Visayas as the power plant in the region resumed operation on Friday, Jan. 5. Citing an interview with Energy Regulatory Commission (ERC) Chairperson Monalisa Dimalanta,...
President Marcos has ordered the Energy Regulatory Commission (ERC) to promptly complete the reset of the National Grid Corporation of the Philippines (NGCP) rates, following the island-wide blackout in Western Visayas since January 2. President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy) Marcos...
Sen. Raffy Tulfo stressed on Friday, Jan. 5, that the "rampant failure" of the National Grid Corporation of the Philippines (NGCP) to do its obligation in operating, maintaining, and developing the country’s power grid is sufficient ground to warrant a review and eventual termination of its...
The National Grid Corporation of the Philippines (NGCP) defended itself against claims of failing to stabilize the transmission system in Panay Island, stating that it followed the necessary protocols. In a statement on Friday, Jan. 5, NGCP said the company solely provides transmission...
ILOILO CITY – Power was restored in Panay Island on Friday afternoon, January 5, four days after a massive blackout crippled the area on January 2. The National Grid Corp. of the Philippines (NGCP) announced that transmission operations have been fully restored in all areas in Panay Island. Palm...
The Department of Energy (DOE) and the Energy Regulatory Commission (ERC) are working to make sure the National Grid Corp. of the Philippines (NGCP) takes responsibility for the long power outage in the Panay Islands. In a briefing on Friday, Jan. 5, Energy Secretary Raphael Lotilla said that the...
ILOILO CITY – This city, the regional capital of Western Visayas, is losing P500 million daily from the blackout that started on January 2 and now on its fourth day on Friday, January 5. Mayor Jerry Treñas said with this calculation from the Local Economic Development and Investment Promotion...
Grid operator NGCP renews its call for a whole-of-industry approach, including better energy resource planning, following the January 2 power outage due to tripping of multiple power plants which isolated Panay island from the rest of the Visayas grid. “The unscheduled maintenance shutdowns of...
ILOILO CITY – Following the ongoing massive blackout that hit Panay Island, the Department of Energy (DOE) reiterated on Wednesday the reminder to the National Grid Corp. of the Philippines (NGCP) to adhere to its responsibilities as system operator (SO). “NGCP is in a position to anticipate...
