NGCP gets ERC substation okay
The ERC noted that the approval was granted subject to optimization during the reset process for the subsequent regulatory period
(File photo)
Daily TribuneThe ERC noted that the approval was granted subject to optimization during the reset process for the subsequent regulatory period
(File photo)
The National Grid Corporation of the Philippines (NGCP) has secured the approval of the Energy Regulatory Commission (ERC) for its proposed P2.59-billion Capas 230 kV Substation Project to manage the growing electricity demand in Capas, Tarlac.
According to a document posted on the ERC website, the substation will accommodate the increasing load driven by the connection of Shin Clark Power Corp. and other distribution utilities — TARELCO I, TARELCO II, and Tarlac Electric Inc. — to New Clark City, facilitating its integration into the Luzon grid.
The ERC noted that the approval was granted subject to optimization during the reset process for the subsequent regulatory period, ensuring that the project remains efficient and cost-effective in line with the Rules in Setting the Transmission Wheeling Rates and other relevant regulations.
P600-B capex
Recently, NGCP announced its readiness to move forward with a massive P600-billion portfolio of transmission projects under its 2024-2050 Transmission Development Plan.
Among the notable projects included in the plan are the Batangas-Mindoro Interconnection, Tuy-Dasmarinas 550kV Line in Luzon, Panay-Guimaras 138kV Interconnection, Cebu-Lapu-Lapu 138kV Line in the Visayas, Laguindingan 230kV Substation, and Kabacan 138kV Substation in Mindanao.
In addition to these, NGCP has recently completed several significant projects, including the Mindanao-Visayas Interconnection Project, Cebu-Negros-Panay Backbone Project, and the Mariveles-Hermosa-San Jose 500kV Transmission Line, fulfilling its commitment to the country and its consumers.