From AB Capital’s The Opening Bell: Three Moves
Event
The Energy Regulatory Commission (ERC) approved implementing rules allowing entities other than National Grid Corp. of the Philippines (NGCP) to finance and construct certain transmission projects identified by the Department of Energy (DOE), including generation-related transmission facilities (Associated Transmission Projects) and strategic grid expansion projects (Priority Projects). The framework aims to accelerate transmission buildout and address grid bottlenecks that have delayed the connection of new generation capacity.
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