NGCP substation project secures go-ahead of ERC

By Lenie Lectura – December 12, 2024
from Business Mirror

The proposed P2.6-billion Capas 230 kiloVolt (kV) substation project of the National Grid Corporation of the Philippines (NGCP) was approved for implementation by the Energy Regulatory Commission (ERC).

“After due deliberation, the Commission resolved to approve NGCP’s proposed Capas 230 kV Substation project amounting to P2,585,715,560.39, subject to optimization during the reset process for the subsequent regulatory period, based on its actual use and usefulness and verified expenses for the optimized assets, following the procedures stated in the Rules in Setting the Transmission Wheeling Rates (RTWR) and other relevant issuances of the Commission,” the ERC notice read.

The load growth in Capas, Tarlac is expected to reach unprecedented levels due to the connection of Shin Clark Power Corp. (SCPC), the distribution utility for New Clark City (CC), along with Tarelco I and II and Tarlac Electric Inc. (TEI).

“The proposed Capas 230kV substation project aims to manage this growth and facilitate NCC’s connection to the Luzon grid,” the ERC said.

As the country’s sole power grid operator and since it took over transmission operations from the government in 2009, NGCP said it has significantly expanded the country’s transmission network.

NGCP said more than 100 transmission projects worth over P600 billion are up for implementation.

Recently, the NGCP secured the green light of the ERC for the P20.7-billion Balaloan-Laoag 500 kilovolt (kV) transmission line project in Ilocos.

The ERC said it has given its go-ahead for the P20.7-billion Balaloan-Laoag 500 kilovolt (kV) transmission line project in Ilocos.