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Over P93 billion grid projects await ERC approval
The Energy Regulatory Commission (ERC) is evaluating 13 capital expenditure projects proposed by the National Grid Corp. of the Philippines (NGCP) amounting to P93.68 billion.
These projects aim to enhance transmission and substation infrastructure in Luzon and the Visayas as part of NGCP's application for the fifth regulatory period (5RP).
NGCP has requested interim relief from the ERC to expedite the implementation of these projects, which include expanding transmission capacity, resolving grid congestion, and accommodating new power plants.
Notable projects among the 13 include the P44.4-billion Cebu-Leyte interconnection lines 3 and 4, the P15.85-billion Santa Maria 500-kilovolt substation, and the P10.47-billion Barotac Viejo-Unidos 230 kV transmission line.
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