The Energy Regulatory Commission (ERC) gave its go signal for the proposed P2.58-billion substation project of the National Grid Corp. of the Philippines (NGCP) in Tarlac province.
Based on a document from the ERC, the project could help support the anticipated increase of power load in Capas town amid the connection to the grid of Shin Clark Power Corp.— the distribution utility for New Clark City (NCC)—as well as Tarlac Electric Cooperatives I and II and Tarlac Electric Inc.
Article continues after this advertisement“The proposed Capas 230 kV (kilovolt) substation project aims to manage this growth and facilitate NCC’s connection to the Luzon grid,” the ERC said.
FEATURED STORIES BUSINESS BIZ BUZZ: Surprise! MVP revives Smart Money BUSINESS SEC extends ECIP applications until end of 2024 BUSINESS Pogo phaseout in full swing; only 17 remainHowever, the regulator said that the project was still “subject to optimization during [an upcoming reset of regulations], based on its actual use and usefulness and verified expenses for the optimized assets.”
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Article continues after this advertisementAccording to a report from the NGCP, supply for the increased demand would come from the Concepcion 230 kV Substation through the proposed Concepcion–Capas 230 kV Line.
Article continues after this advertisementLast month, the ERC also green-lighted the construction of three more projects of the NGCP worth a total of P38.09 billion.
These are the Bolo-Balaoan 500 kV Transmission Line Project, the Northern Luzon 230 kV Loop Project, and the Nabas-Caticlan-Boracay Transmission Project.
Dimalanta earlier said it was crucial for NGCP to ensure the efficient and timely completion of the projects in order to absorb new power capacities that are needed to meet the growing demand.
—LISBET K. ESMAELSubscribe to our daily newsletter