Business

NGCP Seeks Re-classification of Batangas Transmission Asset

Owing it to the scheduled commercial operation of the two-phased South Luzon Thermal Energy Corp. (SLTEC) coal plant, the National Grid Corporation of the Philippines (NGCP) has been prompted to seek ‘reclassification’ of one of its Batangas transmission assets that will wheel to the grid the generated electricity of the new plant.

In its filing with the Energy Regulatory Commission (ERC), the transmission firm has noted that the facility must be re-classified because it will no longer be serving just a single load customer.

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Source: Manila Bulletin

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