The National Grid Corporation of the Philippines (NGCP) has welcomed the decision of the Singaporean tribunal and assured that the concession agreement will remain unchanged. In a briefing on Wednesday, Feb. 26, NGCP spokesperson Cynthia Alabanza explained that the recent arbitration case versus...
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...
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)...
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...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) Privately-owned power grid operator National Grid Corporation of the Philippines (NGCP) has reiterated to congressmen that it is Filipino-led company. NGCP highlighted this during...
ILOILO CITY – To avoid a repeat of the massive blackouts that affected Iloilo and Panay Island last year, MORE Electric and Power Corp. (MORE Power) urged the National Grid Corp. of the Philippines (NGCP) to complete its substation in this city. A LINEMAN of MORE Power...
Albay 2nd district Rep. Joey Salceda (Ellson Quismorio/ MANILA BULLETIN) The House quinta-committee (quinta-comm) isn't a one-trick pony. The quinta-comm--also known as the Murang Pagkain Super-committee--will soon shift to hearings that will look...
The Energy Regulatory Commission (ERC) has approved the Capas substation proposed by the National Grid Corporation of the Philippines (NGCP) to manage the connection of New Clark City (NCC) to the grid. In a statement, the ERC said this approval will help address load growth in Capas, which is...