ERC raises NGCP revenue cap to P380B through 2027

ERC raises NGCP revenue cap to P380B through 2027
THE Energy Regulatory Commission (ERC) raised the revenue ceiling for the National Grid Corp. of the Philippines (NGCP) to P380.45 billion through 2027 after approving a higher regulated return on capital for the country’s transmission operator. In an order dated May 15, the regulator modified portions of its Jan. 29 decision and granted parts of […]