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...
National Grid Corporation of the Philippines (NGCP) has energized the Cebu-Bohol Interconnection Project (CBIP), a new transmission facility that will address the growing power demand in the region. In a statement on Tuesday, Nov. 26, NGCP said the CBIP "will play a crucial role in improving...
Senator Sherwin Gatchalian is looking to file a bill that seeks to decouple the National Grid Corporation of the Philippines’ (NGCP) roles as both system operator and network transmission provider in a bid to address national security concerns. “I truly believe that the system operation of the...
As Filipino consumers are continually stricken with the sting of outdated and expensive electricity rates, a lawmaker is pushing for a comprehensive investigation on the cause of delays on the rate reset or the warranted tariff adjustments of regulated entities as anchored on performance-based...
The Energy Regulatory Commission (ERC) has slapped system operator National Grid Corporation of the Philippines (NGCP) with P3.5 million worth of penalties for at least 10 transmission projects that it failed to deliver on targeted commercial operations date. A statement from the regulatory body...
The Energy Regulatory Commission (ERC) has disclosed to Congress that it will be submitting the result of its performance review on system operator National Grid Corporation of the Philippines (NGCP) by December. “We have until the end of the year to submit our findings to the President,” ERC...
The Department of Energy (DOE) is batting for an issuance of system impact study (SIS) for power projects that shall be shorter than three months, so the country can further speed up developments in the renewable energy (RE) sector. According to Energy Secretary Raphael P. M. Lotilla, the length of...
