The Department of Energy (DOE) on Tuesday called on Congress to review the National Grid Corporation of the Philippines (NGCP) franchise to operate and manage the country’s power transmission lines, which it described as "overly generous" yet lacking in terms of performance.
The Department of Energy on Tuesday called on Congress to review the National Grid Corporation of the Philippines franchise to operate and manage the country’s power transmission lines, which it described as "overly generous" yet lacking in terms of performance.
Republic Act 9511 grants NGCP a franchise to engage in the business of conveying or transmitting electricity through a high-voltage backbone system of interconnected transmission lines. It will then pay a franchise tax equivalent to 3% of all gross receipts derived from its operation. Garin said that this is one of the main reasons why half of the amendments the DOE is proposing to amend the EPIRA law concern power transmission.
Aside from provisions on delayed projects, DOE’s proposed EPIRA law amendments included a clause on making the electric power a regulated public utility as defined under the Public Service Law and subject to the relevant policies issued by the DOE and rate-setting powers of the Energy Regulatory Commission . GMA News Online has reached out to the NGCP for comment and will publish their comment as soon as possible.
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