Review NGCP franchise, DOE urges Congress
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2023-05-16 22:31
Review NGCP franchise, DOE urges Congress
MANILA, Philippines — The Department of Energy (DOE) has asked Congress to review the National Grid Corp. of the Philippines' (NGCP) franchise to operate and manage power transmission lines, describing it as 'overly generous.' 'The concession agreement is very much in favor of the franchisee. It is within the powers of Congress to review it before expiration thereof,' Energy Undersecretary Sharon Garin told members of the House energy committee on Tuesday. 'We should be stricter … and give them (NGCP) more obligations and give more role to the government … [in line with its powers] to mandate or control the NGCP,' she added.

https://newsinfo.inquirer.net/1770048/review-ngcps-franchise-doe-urges-congress

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