ACT Teachers Party-list Rep. France Castro (PPAB) To prioritize service over profit, House Deputy Minority leader and ACT Teachers Party-list Rep. France Castro has espoused proposals to nationalize the power industry. Castro says that the option of a State...
Senator Imee Marcos on Tuesday, January 9 said she remains unconvinced over proposals that investing part of the Maharlika Fund in the National Grid Corporation of the Philippines (NGCP) would be the best way to solve the country’s power transmission problems. Marcos pointed out...
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...
Gokongwei Group's Universal Robina Corporation (URC) continues to expand SONEDCO, its sugar mill in Kabankalan, Negros Occidental, even as it has evolved to become an integral part of the town’s legacy and the core of the local economy. For over 35 years, SONEDCO has grown from being just a...
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...
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...
