ERC approves NGCP substation project - BusinessWorld Online

ERC approves NGCP substation project - BusinessWorld Online

THE National Grid Corp. of the Philippines (NGCP) obtained approval from the Energy Regulatory Commission (ERC) to go ahead with its proposed P1.11-billion substation project in Aklan. “The project must be completed by NGCP on or before Dec. 31,” the ERC said in a notice. The ERC noted that the approval is “subject to optimization based on actual use, usefulness, and verified expenses incurred, supported by official receipts and other relevant d…