ABS-CBN
Lawmakers to probe NGCP franchise, floats possible revocation
The House legislative franchises committee has approved an investigation into the franchise of the National Grid Corporation of the Philippines (NGCP) due to numerous project delays.
The probe was initiated following a hearing where government agencies discussed power utility preparedness for La Niña, highlighting NGCP's project performance.
Energy Undersecretary Sharon Garin reported that out of 111 NGCP projects, 27 are unfinished, 26 are behind schedule, and 77 of the 83 completed projects were delayed.
These delays have reportedly led to increased electricity costs and power supply disruptions for consumers.
Lawmakers questioned the fairness of consumers paying for projects that are not yet operational.
The Energy Regulatory Commission has fined NGCP P15.8 million for unjustified delays in 34 projects, a fine the company paid under protest and plans to contest legally.
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