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To lure more companies to engage in the generation of electricity in the country, Senator Win Gatchalian is seeking the lifting of the public offering requirement provision in the Electric Power Industry Reform Act of 2001 or the EPIRA law. “In order to promote competition and encourage market development, we have to relax some policies such […]
Senator Win Gatchalian urged the Energy Regulatory Commission (ERC) to issue an ultimatum on the National Grid Corporation of the Philippines (NGCP) to comply with the requirement to list its shares of stock, a provision specifically stated in its franchise as the country’s transmission system operator. The NGCP filed anew for a motion for reconsideration in August […]
The Senate will look into the delayed projects of the National Grid Corporation of the Philippines (NGCP) as well as the delay in its initial public offering (IPO), Senator Sherwin Gatchalian said. Gatchalian, chair of the Senate Committee on Energy, said they want to look deeper into the causes of the delays in 33 important […]
The Senate Committee on Energy will take another look at the possible reason preventing the National Grid Corporation of the Philippines (NGCP) from going public. Senator Win Gatchalian, chair of the Senate Committee on Energy, stressed that the initial public offering (IPO) of NGCP, which is mandated under the law, is now long overdue as […]