The Energy Regulatory Commission (ERC) approved National Grid Corporation of the Philippines (NGCP)’s P2.3-billion capital expenditure project that will boost grid security and support economic growth in Northern Mindanao.
The ERC, in a notice of resolution released Thursday, resolved in a commission meeting on Nov. 12, 2024 to approve the NGCP’s Laguindingan 230 kV Substation Project under ERC Case No. 2021- 002 RC.
It said the new 230 kV substation would bolster the power supply for Misamis Oriental I Electric Cooperative and support the province’s domestic industrial zone Laguindingan Technopark with the needed high-power transmission corridor.
The project will address the overloading in the existing Opol Substation, which serves as the main power supply for the Laguindingan area and address the limitations of the Tagoloan Substation, where several components require upgrading due to low interrupting capacity. The commission directed the NGCP to complete the project by Jan. 31, 2025.The Energy Regulatory Commission (ERC) approved National Grid Corporation of the Philippines (NGCP)’s P2.3-billion capital expenditure project that will boost grid security and support economic growth in Northern Mindanao.
The ERC, in a notice of resolution released Thursday, resolved in a commission meeting on Nov. 12, 2024 to approve the NGCP’s Laguindingan 230 kV Substation Project under ERC Case No. 2021- 002 RC.
It said the new 230 kV substation would bolster the power supply for Misamis Oriental I Electric Cooperative and support the province’s domestic industrial zone Laguindingan Technopark with the needed high-power transmission corridor.
The project will address the overloading in the existing Opol Substation, which serves as the main power supply for the Laguindingan area and address the limitations of the Tagoloan Substation, where several components require upgrading due to low interrupting capacity. The commission directed the NGCP to complete the project by Jan. 31, 2025.
