outbrain
Close  

NGCP’s P52-B project OKd

Interconnecting power grids
/ 05:04 AM September 06, 2017

National Grid Corp. of the Philippines has secured regulators’ provisional approval for its P51.7-billion Visayas-Mindanao interconnection project.

The Energy Regulatory Commission on Tuesday said it had a relevant order dated July 11, 2017.

ADVERTISEMENT

The project involves the linkup of the grids in the Visayas and Mindanao through facilities—converter stations in Cebu and Zamboanga.

“The provisional approval granted to NGCP to implement the project will enable power supply importation among the Luzon, Visayas, and Mindanao grids,” ERC officer in charge Alfredo J. Non said in a statement.

FEATURED STORIES

“For instance, the deficiency of supply in Visayas may be supplied by importing power from Luzon or Mindanao,” Non said. “Hence, this [interconnection] will help address the insufficient power supply and optimize the available power supply in the Philippine grid.”

The commissioner said the project supported the government’s vision of interconnecting major power grids into a single national grid, which was expected to help improve the overall power supply security in the country as sharing of reserves would become possible.

Non said the project was also intended to reinforce the operation of the electricity market by maximizing the use of available energy resources and additional generation capacities in Visayas and Mindanao, including the renewable energy resources.

In its order, the ERC clarified that the provisional approval was anchored on conditions.

First, the proposed project should be subject to “optimization based on its actual use and/or implementation during the reset process for the next regulatory period.”

Second, NGCP should conduct competitive bidding for the purchase of major materials in the implementation of the project.

Third, that NGCP should pay a permit fee.

ADVERTISEMENT

Subscribe to Inquirer Business Newsletter
Read Next
EDITORS' PICK
MOST READ
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Business, National Grid Corp. of the Philippines
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2020 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.