Advertisements


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: philstar philstarApr 8th, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 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

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

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

Lacson hopes NGCP to improve power situation

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

Category: newsSource:  sunstarRelated NewsMar 4th, 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

[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

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

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

CLLEx right-of-way row resolved; project to resume Q2 — Zambales guv

The Central Luzon Link Expressway, which has faced long delays due to right-of-way claims, got a new lease in life after a dialogue between project officials and landowners affected by the project resolved problems besetting the government project......»»

Category: financeSource:  philstarRelated NewsMar 31st, 2024

Alternergy reallocates IPO proceeds to Tanay and Alabat projects

Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

Who is Atty. Kent Francesco Jongoy, the newly endorsed CBRT project manager?

CEBU CITY, Philippines — Cebu City Mayor Michael Rama has recently endorsed a new project manager for the Cebu Bus Rapid Transit (CBRT) project. Meet incoming CBRT project manager Lawyer Kent Francesco Jongoy, the assistant head of the Cebu City Transportation Office (CCTO), the head of its Public Mass Transportation Division, and its legal officer......»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

300M Coliseum Project is set to be constructed at the CatSU Compound

Catanduanes State University’s leadership joyfully announces the initiation of a 300 million project aimed at constructing a coliseum on a one-hectare plot within the campus. In a statement by President Patrick Azanza, he indicated that the initial phase, valued at 100 million, is slated to commence this year, with the entire project anticipated to conclude […] The post 300M Coliseum Project is set to be constructed at the CatSU Compound appeared first on Bicol Peryodiko......»»

Category: newsSource:  inquirerRelated NewsJan 11th, 2024

Filinvest to double capacity of solar project in Misamis

A power unit of Filinvest Development Corp. will expand the capacity of its solar project in Misamis Oriental following a wider land allocation from its lessor......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 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

Google vows to help Philippines SMEs expand businesses

Search engine giant Google has vowed to help small Philippine enterprises expand their business and to train thousands of parents and children on responsible technology use, Malacañang said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024

Ayala to expand partnership with Bosch

The Ayala Group and German company Bosch are eyeing opportunities to expand further their partnership in the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

2 logistics firms expand in Balamban

2 logistics firms expand in Balamban.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

CNPF to expand capacity after new deal with Vita Coco

Century Pacific Food Inc., the Po family’s listed food and beverage firm, is poised to invest $40 million to expand its capacity after securing a fresh long-term contract with US-headquartered The Vita Coco Co. Inc......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024