spot_img
29.3 C
Philippines
Saturday, April 20, 2024

NGCP to invest P160b until 2025

- Advertisement -

Transmission operator National Grid Corp. of the Philippines filed an application with the Energy Regulatory Commission to spend P160 billion for capital expenditures until 2025.

NGCP said in a statement about P111.4 billion of the total capex for the 5th regulatory period is for transmission projects, including completed and ongoing projects, those in the pre-construction stage and those still in the pipeline.

“NGCP continues to invest in undertakings for the improvement of the power transmission grid. We are also working on applying smart grid technologies to ensure reliable, efficient, and safe operations and create a world-class transmission network,” the company said.

Included in the capex filing are Pasay 230kV Substation, Manila (Navotas) 230kV Substation, Marilao Extra High Voltage Substation, New Antipolo 230kV Substation, Taguig Extra High Voltage Substation, Taguig-Taytay 230kV Transmission Line and Taguig-Silang 500kV Transmission Line.

- Advertisement -

LATEST NEWS

Popular Articles