Ex-TransCo chief warns of grave national security risks in NGCP ...
3 days ago · The NGCP, which manages the country’s power transmission grid, is 40% owned by the State Grid Corporation of China, a state-owned enterprise, while Filipino tycoons Henry Sy Jr. and Robert Coyiuto Jr. own the remaining 60% through …
NGCP admits Chinese national once held executive position
2 days ago · NGCP, the country’s lone state-owned power grid, is 40 percent owned by the State Grid Corp. of China (SGCC), a government-owned enterprise of the Chinese Communist Party, while its 60 percent ...
NGCP insists: China can’t trigger a blackout in PH - Inquirer.net
2 days ago · MANILA, Philippines — The National Grid Corporation of the Philippines (NGCP) has reiterated that China cannot trigger a blackout in the Philippines, with officials saying again that there is no
Chinese in NGCP mgm’t a security risk—Matibag
2 days ago · The former president of state-owned National Transmission Co. said the Chinese need not intrude in the West Philippine Sea or occupy any Philippine territory because of the presence of Chinese nationals in the board and management of the National Grid Corporation of the Philippines (NGCP). “Nag ...
Chinese NGCP officials, billionaire partners no-show in House …
3 days ago · The Chinese board chairman and directors of electricity transmission monopoly National Grid Corp. of the Philippines (NGCP) and their billionaire Filipino-Chinese partners were a no-show in Thursday’s hearing on alleged violations of the transmission assets concessionaire of the Constitution and its legislative franchise.
Some top NGCP officials miss House inquiry due to Chinese New …
3 days ago · Some high-ranking officials of the National Grid Corporation of the Philippines (NGCP) skipped Thursday’s House probe into the grid operator's performance due to Chinese New Year and commitments in China, an NGCP official said. ... — BM, GMA Integrated News. Tags: National Grid Corporation of the Philippines, ngcp, business and industry ...
Maharlika deal to buy 10% of NGCP 'imminent' - Philstar.com
Jan 20, 2025 · China’s 40% stake in NGCP was the reason MIF seemed to target NGCP in the first place, under the theory that getting China out of NGCP was a national security concern worthy of MIF’s money.
Probe on NGCP's alleged Anti-Dummy Law violations sought
Jan 7, 2025 · House ways and means panel chair, Albay Rep. Joey Salceda, has called for a probe on the National Grid Corporation of the Philippines (NGCP) over its supposed violation of the country’s Anti-Dummy Law.
Lawmakers to probe NGCP franchise, floats possible revocation
Dec 23, 2024 · MANILA — Lawmakers on Monday said they will look into the 50-year franchise granted to the National Grid Corporation of the Philippines (NGCP), including the possibility of its revocation. ERC imposes P15.8-M fines on NGCP for 34 delayed projects.
Philippines’ China-backed power grid operator faces perfect
Jan 8, 2024 · In the wake of all these issues that the National Grid Corporation of the Philippines (NGCP) is facing, the President’s cousin, Speaker Martin Romualdez, is making a bold proposal for Marcos’s...