P1.6-B NGCP Ilocos Norte substation project approved - BusinessWorld Online

P1.6-B NGCP Ilocos Norte substation project approved - BusinessWorld Online

THE National Grid Corp. of the Philippines (NGCP) has won approval from the Energy Regulatory Commission (ERC) to pursue its P1.63-billion substation project in Ilocos Norte. In a notice, the ERC said that the approval of the projects is subject to “optimization based on actual use and verified expenses, and the additional instructions issued by the Commission during the deliberation.” According to the NGCP’s 2022 application, the proposed Pinil…