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Philippines
Thursday, April 25, 2024

NGCP signs over P30b worth of new contracts

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Synergy Grid & Development Phils. Inc. said Thursday its sole operating asset National Grid Corp. of the Philippines signed new construction contracts amounting to P30.19 billion as of end-September.

SGP said in a disclosure to the Philippine Stock Exchange the contracts included the permanent restoration of C.P. Garcia-Ubay 138kV transmission line towers affected by Typhoon Odette, construction and erection of NGCP transmission lines affected by DOTr-North-South Commuter Railway Extension and the Zamboanga Peninsula Voltage Improvement Project, Schedule I.

Other construction contracts are the Mexico 69kV substation expansion project under the San Simon 230kV Substation project and North Luzon substation upgrading project Stage 2 rebidding, North Luzon substation upgrading Project 2, Schedule VI – (Laoag, Bauang, San Esteban & Bacnotan Substation Portion) & Pinili substation project – (Currimao Substation Portion), Visayas substation upgrading Project 2 at Barotac Viejo, San Jose & Sta. Barbara Substations (rebidding).

It also includes the expansion of the Visayas Regional Control Center Building (Cebu), Laguindingan230kV bus-in to Balo-I – Villanueva and Nasipit138kV bus- in to Jasaan-Butuan transmission line project, Western Luzon 500kV backbone project (Stage 2) and others. Alena Mae S. Flores

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