Since January 15, 2009, the National Grid Corporation of the Philippines (NCGP) has officially taken over the nationwide transmission grid operations.
Mr. Walter W. Brown, President and CEO of NCGP, informed that this privately owned corporation, won the competitive public bidding in December of 2007 to operate, manage, and expand the high voltage power grid.
The Philippine Congress then granted NGCP a 50-year franchise, which was signed into law by President Gloria Macapagal-Arroyo on December 1, 2008.
NGCP is now the official operator of the franchise formerly held by the government-owned and controlled National Transmission Corporation (TransCo) to operate and maintain the country’s transmission grid. (PIA)
