By Danessa Rivera (The
Philippine Star) | Updated April 14, 2016 - 12:00am
MANILA, Philippines – The Energy
Regulatory Commission (ERC) has ordered the National Grid Corp. of the
Philippines (NGCP) to undertake a review of its operations as an integral part
of the power system.
In a resolution, the ERC directed
NGCP to tap an independent third party through competitive bidding to review
its operations.
Budget for the undertaking should be
allocated by NGCP, subject to recovery through transmission charges, the power
regulator said.
For its part, NGCP said it has yet
to receive a copy of the resolution.
“We have not yet received a copy of
the resolution, but NGCP will comply with all lawful issuances of the
regulatory body,” it said.
NGCP is the country’s grid operator,
which involved the task of balancing the supply and demand of electricity to
efficiently serve all of its customers, including power generators, private
distribution utilities, electric cooperatives, government-owned utilities, economic
zones, and industries, as well as directly connected companies.
A technical working group (TWG) will
be formed by the ERC to supervise the conduct of the review by the consultant.
The TWG will be composed of ERC
officers and the Gird Management Committee (GMC).
Once finished, the third party
consultant will submit a final report of the review for the approval of the
ERC.
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