The National Grid Corporation of the Philippines (NGCP) on Wednesday faced another round of grilling from the Senate energy committee after records showed that 75% to 99% of its annual profits went to dividends.
The National Grid Corporation of the Philippines denied anew that the transmission grid can be remotely accessed by China as senators raised fears that Beijing can shut off power across the Philippines.
Senator Raffy Tulfo, chair of the Senate energy panel, says the NGCP has 'not met the requirement of putting in place many system developments over a set period of time'
The Joint Congressional Energy Commission (JCEC) is set to tackle the current energy crisis plaguing the country and the various proposals seeking to revoke the franchise of the National Grid Corporation of the Philippines (NGCP), Sen. Rafael "Raffy" Tulfo said.