President Ferdinand R. Marcos Jr. said the National Grid Corporation of the Philippines (NGCP) is expected to deliver all its projects to improve the interconnection of electricity throughout the country.
In his second State of the Nation Address (SONA) Monday, Marcos cited the report of the Energy Regulatory Commission (ERC) which stated that 68 grid connection projects are “much delayed.”
“We look to NGCP to complete all of its deliverables, starting with the vital Mindanao-Visayas and the Cebu-Negros-Panay interconnections,” Marcos said.
The President stressed that grid interconnection projects across the country are vital in ensuring continuous power supply.
With an interconnected grid, the country can efficiently operate under a unified grid, and the one electricity market for the entire country can be implemented, Marcos pointed out.
“The ‘One Grid, One Market’ will enable more efficient transfers and more competitive pricing of electricity throughout the country,” the Chief Executive said.
Moreover, Marcos revealed that the government is conducting a performance review of the NGCP, apart from the Department of Energy’s recently concluded audit on its financial report. PND