December 14, 2015 9:43 pm
Power grid operator National Grid Corporation of the Philippines (NGCP) has
applied for an P8.05-billion capital expenditure (capex) program for next year
to the Energy Regulatory Commission (ERC).
In its application to
the ERC docketed December 11, the grid operator said the capex program is for
five new projects, four technical upgrades including corporate expenses and
five assets for acquisition.
NGCP said the
projects involve the Tiwi Substation upgrading (P200.98 million), Naga
Substation upgrading (P69.69 million), Clark-Mabiga 69-kilovolt (kV)
transmission line (P58.28 million), Bataan 230-kV grid reinforcement (P359.88
million) and the Hermosa-San Jose 500-kV transmission line (P19.96 million).
The five projects
amount to P708.79 million.
The indicated cost is
only for the disbursement in 2016 and is not the entire project cost.
For other programs
next year, NGCP allocated P5.02 billion for maintenance and replacement of
transmission line and equipment (P2.90 billion), revenue metering expansion
including maintenance replacement and compliance for Wholesale Electricity Spot
Market (WESM) rules and guidelines (P326.80 million), telecommunication and
SCADA maintenance and expansion (P1,358.17) and corporate infrastructure,
security and information technology (P438.76 million).
The grid operator
also earmarked P2.31 billion for five assets under acquisition.
NGCP identified the
assets as CEDC-VECO’s colon 138-kV line, Calung-Calung 138-kV double circuit
transmission line and other associated assets, New Salong 230-kV substation and
Salong Calaca 230-kV line, Ingore-Sawang 138-kV Submarine Cable including
Ingore & Sawang CTS and the Sawang Zaldivar Substation and the CIP II
Substation which includes the Bacnotan Mabanengbeng Lines 1 and 2 and the
Mabanengbeng-Holcim 69-kV line.
The cost to consumers
was not indicated in the petition.
NGCP operates
transmission lines around the country.
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