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Power grid operator NGCP billed P2.4B worth of CSR, PR expenses to consumers

At least 9 percent of what Filipinos pay for electricity goes to transmission charges. This means that for every P100 spent on the electricity bill, P9 goes to the NGCP......»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

India s neighbors adopt its digital payment system

New Delhi has launched its Unified Payment Interface in Sri Lanka and Mauritius, bolstering its influence in the region The leaders of India, Mauritius, and Sri Lanka have virtually launched New Delhi's Unified Payment Interface (UPI) system. The move allows Indian tourists to pay with the app while visiting t.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 13th, 2024

MPL PH bares unified schedule for new season

Mobile Legends Bang Bang Professional League (MPL) Philippines is ready to start its 13th season this month with a new campaign promoting its unified schedule for the upcoming season......»»

Category: sportsSource:  philstarRelated NewsMar 2nd, 2024

Chinese presence at NGCP

The Chinese presence at NGCP can be blamed on former president Gloria Macapagal-Arroyo who allowed it to happen. She was very close to China, trying a pivot to China away from the United States through Chinese supported infrastructure projects......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Residential electricity rates up by P0.19/kWh for Jan-Feb billing

Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2024

‘Congress may review NGCP’s franchise’

The Joint Congressional Energy Commission might be convened to review and decide on the amendment or cancellation of the franchise of the National Grid Corp. of the Philippines following the region-wide power outage in Western Visayas that caused billions of pesos in economic losses, Sen. Raffy Tulfo said over the weekend......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Residential electricity rate up by P0.13 for March – April billing

Visayan Electric residential consumers will experience an increase of P0.13 per kWh in their March – April billing. The hike, which is caused by an increase in the transmission charges imposed by the National Grid Corporation of the Philippines (NGCP), brings the total electricity rate from P11.25 per kWh of the previous month to P11.38.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

‘Miners and anays’ – anti-business

From jeepney modernization to issues involving the National Grid Corporation of the Philippines, both houses of Congress are now investigating the mechanics of the jeepney modernization program and the franchise of the NGCP......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

NGCP ready to expand CNP project

The National Grid Corp. of the Philippines is eyeing further developments to improve power supply amid a projected increase of demand the following years after the completion of a backbone project in the Visayas......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

DOE to NGCP, DUs: Be ready for ILP

The Department of Energ has directed the National Grid Corp. of the Philippines and all distribution utilities to be “fully ready” to implement the Interruptible Load Program amid the dry season......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

NGCP holds ceremonial switch-on for P51 billion Mindanao-Visayas Interconnection

The completion of the 450-megawatt Mindanao-Visayas Interconnection Project of the National Grid Corp. of the Philippines will unlock enormous socio-economic opportunities in the two regions, President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

NGCP completes backbone project in Visayas ahead of schedule

The National Grid Corp. of the Philippines has completed a backbone project in the Cebu-Negros-Panay area four days ahead of schedule, according to the Department of Energy......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

NGCP not solely to blame for Panay blackout – Chiz

The National Grid Corp. of the Philippines is not solely to blame for the Panay power outage, Sen. Francis Escudero said, adding that power plants also failed in ensuring the island’s power supply......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Senate panel ready to review NGCP franchise

Following the massive power outage that struck Panay Island and other parts of Western Visayas on Jan. 2, another Senate panel is ready to conduct a probe into the National Grid Corp. of the Philippines franchise......»»

Category: newsSource:  philstarRelated NewsJan 10th, 2024

[Vantage Point] NGCP – what’s wrong with it?

The financials of NGCP's major shareholder, SGP, illustrate the corporation's financial health.....»»

Category: newsSource:  rapplerRelated NewsJan 30th, 2024

DOE should regulate NGCP

The messy situation between the DOE and NGCP is responsible for problems that inconvenience electricity consumers......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

NGCP told to ‘practice discipline’ to protect consumers

Energy industry regulators are urging utilities, especially monopolies like the NGCP, to charge only reasonable expenses to consumer electric bills.....»»

Category: newsSource:  rapplerRelated NewsFeb 13th, 2024

Lacson hopes NGCP to improve power situation

Lacson hopes NGCP to improve power situation.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

Respect

The claim of the Department of Energy that NGCP refuses to recognize their authority to regulate the grid operator reflects badly on the government’s ability to govern. Unfortunately, it seems that DOE has left it at that and is just hoping ERC will pick up the slack......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

NGCP issues yellow, red alerts for Luzon grid; Visayas grid on yellow alert

For the fourth consecutive day, the Luzon and Visayas power grids are set to encounter red and yellow alerts on Friday, according to the National Grid Corp. of the Philippines......»»

Category: financeSource:  philstarRelated News10 hr. 22 min. ago