The Energy Regulatory Commission (ERC) has cleared three transmission projects of the National Grid Corp. of the Philippines (NGCP) worth around P38.09 billion. In separate resolutions, the ERC approved the development of the P17.09-billion Bolo-Balaoan 500-kilovolt transmission line project, the P16.8-billion Northern Luzon 230-kV loop project and the P4.2-billion Nabas-Caticlan-Boracay transmission project. The capital expenditure (capex) projects are expected to …
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The Market Monitor Minding the Nation's Business