ERC approves NGCP's P32B capital projects for Luzon grid

The Energy Regulatory Commission (ERC) has approved National Grid Corp. of the Philippines' (NGCP) proposed capital expenditure projects in Luzon worth P32 billion.

Two major projects were greenlit: the Western Luzon 500-kV backbone project, costing P18.82 billion, and the Nagsaag-Santiago 500-kV transmission line project at P13.2 billion.

The Western Luzon 500-kV backbone aims to enhance reliability and supply security by accommodating bulk generation and reinforcing the existing network, with completion expected by October 2027.

The Nagsaag-Santiago project will support new capacities from renewable sources like hydroelectric, geothermal, and solar power plants in several provinces, scheduled for completion by November 2030.

In February, the ERC also approved four smaller projects totaling P5.02 billion to improve substation and transmission line capacity.