'The State Grid Corporation of China (SGCC) does not exercise control over the power grid [or] over NGCP.'
National Grid Corporation of the Philippines Vice Chairman Henry Sy Jr., through another high-ranking official of the transmission company, has insisted that the Chinese do not control the local power grid.National Grid Corporation of the Philippines Vice Chairman Henry Sy Jr., through another high-ranking official of the transmission company, has insisted that the Chinese do not control the local power grid.
"Mr. Sy intended to attend today's proceedings after his prescheduled morning appointment with the embassy. However he was unfortunately held up and cannot make it to Congress on time. He sends his sincere apologies," Almeda told the panel chaired by Parañaque City 2nd district Rep. Gus Tambunting. Almeda continued by saying that SGCC's shareholding in NGCP--the privately-owned power grid operator--is consistent with the Philippine Constitution.
The"single red button" refers to the allegation that the Chinese can shut down the country's power grid, and that the Philippines won't be able to do anything about it.
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