Stay updated with breaking news from Dylan Concepcion. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Philippines said that it would retake control of a power grid company that is partly owned by China if deemed necessary amid security concerns.
The National Grid Corporation of the Philippines denied anew that the transmission grid can be remotely accessed by China as senators raised fears that Beijing can shut off power across the Philippines.
The 40 percent ownership of State Grid Corporation of China in the National Grid Corporation of the Philippines (NGCP) won’t pose a national security threat, the NGCP assistant corporate secretary told the Senate energy committee Wednesday.
The National Grid Corporation of the Philippines denied anew that the transmission grid can be remotely accessed by China as senators raised fears that Beijing can shut off power across the Philippines.
The government will take back control of the National Grid Corp. of the Philippines “if necessary,” Malacañang said yesterday as the Senate started scrutinizing China’s role in the operations of the country’s sole power grid operator.