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[ANALYSIS] Challenges that are holding down the market

MIC President Backs Investment in NGCP for Energy Sector Strengthening

MIC President Consing endorses investment in NGCP proposed by House Speaker Romualdez, citing its crucial role in the country's power system. The move aims to lower energy costs, improve reliability, and foster public-private partnerships for sustainable development. However, Consing emphasizes the need for careful consideration and transparency in the investment process. Investing in NGCP through MIC is seen as a bold step towards securing energy independence and economic prosperity for the Philippines. (Source: SunStar Philippines)

Power grid operator NGCP billed P2 6 billion worth of CSR, PR expenses to consumers

Since January 2023, the Energy Regulatory Commission has held 14 hearings to determine how much the NGCP should charge customers. The result of the investigation could mean refunds or higher electricity bills in the coming years.

Castro eyes House probe on NGCP s dubious charges on consumers

Castro eyes House probe on NGCP s dubious charges on consumers
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