“We find that respondent gravely abused her discretion when she refused to [withdraw] from the proceedings a quo despite her evident bias and partiality against the petitioner,” the decision stated.
National Grid Corp. of the Philippines (NGCP) has secured a major legal win in its long-standing arbitration battle against Power Sector Assets & Liabilities Management Corp. (PSALM) and National Transmission Corp. (TRANSCO).
I believe that State Grid of China Corp. does not have any operating control over NGCP. What evidence do I have? None other than the fact that I know the senior operating people at NGCP, and they are excellent professionals.
The Maharlika Investment Fund has secured guaranteed dividends from its stake in National Grid Corp. of the Philippines (NGCP), via listed Synergy Grid, with a step-up feature promising even higher payouts after three years if shares remain unconverted.
A recent House hearing on National Grid Corporation of the Philippines (NGCP) highlighted three deep-seated issues plaguing the power industry. These challenges, which extend beyond NGCP's capacity to address on its own, underscore the urgent need for a reboot of the government’s regulatory framework.
If everyone in the power sector points to the ERC's failure to address their concerns, the proverbial smoke suggests there must be a fire somewhere, says industry veteran Guido Delgado, as he urges President Marcos to take a hard look at the agency and address the market's concerns about regulatory risk.
The operator of the country’s power grid is calling for “more coordinated” planning among energy industry players — especially power generation firms, the transmission firm, and retailers — in response to President Marcos’ call for cheaper and more reliable electricity supply for Filipinos.
The grid operator said the alert was removed earlier than expected due to a decrease in forecasted demand and a delay in the shutdown of the SCPC 1-4 power plants.
The National Grid Corporation of the Philippines on Friday inaugurated its P21-billion Mariveles-Hermosa-San Jose transmission line, a significant infrastructure project expected to benefit 59 million households and other power consumers in Luzon.