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A red alert status was hoisted over the Luzon grid on Saturday afternoon due to a deficiency in power generation that may have been caused by the tripping of a transmission line, the Energy department said.
The Manila Electric Company (Meralco) on Wednesday announced a rollback in its electricity rate for May, snapping a two-month trend of upward adjustments, thanks to the Energy Regulatory Commission’s (ERC) order for the power distributor to refund around P7.8 billion in excess collections.
The National Grid Corp. of the Philippines is seeking regulatory approval for its P160-billion capital expenditure program until 2025.
The National Grid Corporation of the Philippines (NGCP) is awaiting the Energy Regulatory Commission’s (ERC) approval for the implementation of its P160-billion capital expenditure (capex) that would mainly be spent for its transmission projects. If approved, the capex is good until 2025. The grid operator said Thursday that bulk of…
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