State-owned National Transmission Corporation (TransCo) flagged Thursday significant delays in transmission projects by the National Grid Corporation of
TransCo Vice President Dinna Dizon answers questions from lawmakers during a House Committee on Legislative Franchises hearing on the performance of the National Grid Corporation of the Philippines on January 23, 2025.
She added that the Energy Regulatory Commission had penalized NGCP P15.8 million for unjustified delays. “The adoption of the as-spent approach results in a higher transmission rate by 80 centavos per kilowatt hour, give or take a few,” Dizon said, noting that this method allowed ongoing and delayed projects to inflate the company’s MAR, directly affecting consumers’ electricity bills.
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