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,...
(Unsplash) What punitive and corrective action does the Department of Energy (DOE) and Energy Regulatory Commission (ERC) plan to impose against the National Grid Corporation of the Philippines (NGCP) over the massive power outage in Western Visayas? ...
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...
MORE Electric and Power Corp. (MORE Power) said that the widespread blackout in Panay Island could have been avoided if the National Grid Corporation of the Philippines (NGCP) had taken action at the start. Roel Castro, president and chief executive officer of Razon-led MORE Power, said in a radio...
Senator Francis “Chiz” Escudero said the power firms responsible for the power outage in Western Visayas should be penalized for their inefficiency. Escudero pointed out that the island-wide power outage has caused so much business losses and opportunities for the affected cities and...
House Speaker Martin Romualdez (Speaker's office) The Maharlika Investment Corporation (MIC) should consider investing in the National Grid Corporation of the Philippines (NGCP) amid the "challenges" being faced by the power grid operator. Thus, said...
Cirtek Holdings Philippines Corporation is venturing into the production of electric motorcycles and lithium-ion battery packs after receiving the green light from the Philippine Economic Zone Authority (PEZA) Board. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the...
Aboitiz Power Corp. (AboitizPower) is bracing for a challenging year, with expectations of increased electricity demand, global supply chain uncertainties, and the impact of the El Niño phenomenon creating tight market conditions. In a statement, Emmanuel Rubio, AboitizPower president and chief...
ACT Teachers Party-list Rep. France Castro (Screenshot from YouTube live) The National Grid Corporation of the Philippines (NGCP) should be held accountable for the island-wide blackout in Panay as well as some parts of Negros that began last Jan....
The renewable energy unit of ACEN Corp. and Barito Renewables have completed the acquisition of wind projects under development in Indonesia. ACEN told the Philippine Stock Exchange that the acquisition, carried out through its subsidiary ACEN Renewables International, and PT Barito Wind Energy,...
The local stock market declined as investors were quick to take profits from the previous day’s rally. The main index dropped 55.16 points or 0.84 percent to close at 6,498.88 as Banks led the slide across the board. Volume thinned further to 182 million shares worth P3.11 billion as gainers...
