Concessionaire-firm National Grid Corporation of the Philippines (NGCP) claimed that its overall performance has improved, compared to the time when the transmission system was still operated by the government. In a statement to the media, NGCP said, its “overall performance in operating the grid...
System operator National Grid Corporation of the Philippines (NGCP) was able to free up stranded capacity in the northern corridor of the Luzon grid, following the energization of its 500-kilovolt (kV) Hermosa-San Jose transmission line project in Bataan. That project, which commanded investment of...
Senators are now seeking a refund of all the charges collected by the National Grid Corporation of the Philippines (NGCP) for its uncompleted transmission projects. Sen. Sherwin Gatchalian made the suggestion noting that the government has been looking for ways to lower the prices of electricity in...
Senator Sherwin Gatchalian said the Energy Regulatory Commission (ERC) should penalize the National Grid Corporation of the Philippines (NGCP) appropriately for delayed transmission projects that adversely impact the country’s electricity supply. Sen. Sherwin...
Senators on Wednesday, May 24 slammed the National Grid Corporation of the Philippines (NGCP) for charging consumers over projects that are still not completed. Based on the records of the Energy Regulatory Commission (ERC) there are 72 delayed NGCP projects, including six that are energy projects...
Transmission firm National Grid Corporation of the Philippines (NGCP) objected to the planned audit by the Department of Energy (DOE) and two other state-run companies – the Power Sector Assets and Liabilities Management Corporation (PSALM) and National Transmission Corporation (TransCo), stating...
Senators on Wednesday, May 24 expressed their disappointment after officials of the National Grid Corporation of the Philippines (NGCP) confirmed earlier claims that most of its profits went to the pockets its stockholders. This was bared by NGCP Assistant Corporate Secretary Ronald Dylan Concepcion...
Sixteen (16) transmission projects of the National Grid Corporation of the Philippines (NGCP) that were considered Energy Projects of National Significance (EPNS) were delayed and only six of them have reached completion, Senator Sherwin Gatchalian said on Sunday, May 21. Gatchalian said...
If he revokes the franchise of the National Grid Corporation of the Philippines (NGCP) due to security concerns, President Ferdinand "Bongbong" Marcos Jr. would have another problem: Who would run the power grid? Marcos bucked the idea of withdrawing the franchise of the country's current grid...
Transmission firm National Grid Corporation of the Philippines (NGCP) said it is lining up several priority projects that will reinforce the country’s electricity network and backbone to support the distribution of bigger electricity loads. The company emphasized that its investments’ pipeline...
China said on Thursday, May 18, it would support Chinese companies as they cooperate with the investigation of the Philippine government into the ownership situation of the National Grid Corporation of the Philippines (NGCP). Wang Wenbin, spokesman of China’s Foreign Ministry, said they back the...
The National Grid Corporation of the Philippines (NGCP) said that government should give weight to the P300 billion worth of investments it had injected into the country’s power transmission network in reaction to the In reaction to the Malacanang pronouncement that the government may take back...
