MANILA, Philippines – The Nationwide Grid Corp. of the Philippines (NGCP) mentioned it might pursue “acceptable steps” to guard the nationwide grid framework as regulators let different entities to finance and construct sure transmission belongings.
“We’re presently evaluating the newly issued guidelines in gentle of our rights, obligations, and obligations beneath the Concession Settlement, Republic Act No. 9511, and different relevant legal guidelines…,” the nation’s grid operator mentioned in an announcement.
READ: ERC lets non-NGCP corporations construct transmission tasks
“We are going to take the suitable steps to make sure that the integrity of the nationwide transmission framework is preserved,” it added.
The NGCP secured in 2007 a 25-year contract to function the nation’s grid system. It additionally holds a 50-year franchise to handle and preserve the transmission community and associated services.
“NGCP acknowledges the significance of well timed transmission improvement in assist of the nation’s power safety goals,” it mentioned.
The group beforehand mentioned its tasks have been dealing with delays on account of right-of-way points or approval bottlenecks.
READ: NGCP to finish 7 main tasks in 2026
Final week, the Vitality Regulatory Fee (ERC) launched new guidelines, giving different corporations the go sign to roll out their very own transmission tasks.
The ERC mentioned this was aimed toward serving to new energy crops instantly inject electrical energy into the grid. /pai INQ
