Looking ahead to this year’s goal of boosting its performance in the energy sector, Consunji-led Semirara Mining and Power Corp. (SMPC) plans to continue its exploration of the 700-megawatt (MW) Saint Raphael Generation Corp. (SRGC) project. During the company’s annual stockholders’ meeting...
The Energy Regulatory Commission (ERC) has approved nine ancillary services procurement agreements (ASPA) between the National Grid Corporation of the Philippines (NGCP) and various power suppliers. These agreements will enable NGCP to procure ancillary services essential for ensuring the reliable...
The National Grid Corporation of the Philippines (NGCP) faces delays as the Energy Regulatory Commission (ERC) has deferred the rollout of several projects across Luzon, Visayas, and Mindanao. In an ERC notice, the regulator noted that Group 3 capital expenditure (CAPEX) projects, spanning 2020 to...
National Grid Corporation of the Philippines (NGCP) announced that transmission charges have gone up in March. In a briefing on Wednesday, March 12, Julius Datingaling, head of revenue management department of NGCP, reported that transmission wheeling rates (TWR) dropped by 3.14 percent from...
Philreca Party-list Rep. Presley de Jesus (left), Santa Rosa City lone district Rep. Dan Fernandez (PPAB) The Energy Regulatory Commission's (ERC) past "failure" to carry out a timely rate reset--which had been detrimental to...
Gabriela Party-list Rep. Arlene Brosas (left); President Ferdinand "Bongbong" Marcos Jr. (PPAB, Facebook) Gabriela Party-list Rep. Arlene Brosas is doubtful that Marcos government's deal with privately-owned transmission company...
The Maharlika Investment Corporation (MIC) has expressed interest in acquiring China's stake in the National Grid Corporation of the Philippines (NGCP), following its recent share acquisition in Synergy Grid and Development Philippines Inc. (SGP). In a briefing on Tuesday, Jan. 28, MIC President...
Following a major investment by the Maharlika Investment Corporation (MIC) in the National Grid Corporation of the Philippines (NGCP), the Department of Energy (DOE) announced that this partnership aims to resolve ongoing delays in transmission and interconnection projects that have long plagued...
Cagayan de Oro City 2nd district Rep. Rufus Rodriguez (Facebook) Cagayan de Oro City 2nd district Rep. Rufus Rodriguez was up in arms after his House colleague tried to cite draft documents during a recent motu proprio inquiry on the performance of...
A National Grid Corporation of the Philippines (NGCP) top official maintained that the company is a Filipino corporation and run by Filipinos, allaying concerns about China role in the operation of the country's power grid. "The State Grid Corporation of China (SGCC) does not exercise control over...
(Unsplash) The National Transmission Corporation (Transco) has acknowledged before congressmen its backlogs in right-of-way (ROW) cases, including projects that go beyond their existence, as well as those that are related to the operation of...
(MANILA BULLETIN) Is the Philippine government eyeing a takeover of power grid operator National Grid Corporation of the Philippines (NGCP) through the Maharlika Investment Fund (MIF)? House Deputy Minority Leader AAMBIS-OWA Party-list Rep. Lex...
