NGCP defers implementation of allowable revenue hike

NGCP defers implementation of allowable revenue hike

The Energy Regulatory Commission (ERC) said National Grid Corp. of the Philippines (NGCP) had unilaterally deferred the implementation of an interim scheme that would raise its maximum allowable revenue (MAR) to P47.1 billion in 2020 from P43 billion in 2019. At a hearing conducted by the Senate committee on energy earlier this week, ERC Chair […]