The Vitality Regulatory Fee (ERC) has slapped the nation’s grid operator with a P3.5-million penalty over the delayed implementation of a few of its tasks, saying this may very well be detrimental to the general public.
In a press release on Saturday, the ERC mentioned the Nationwide Grid Company of the Philippines (NGCP) did not comply with its directives in rolling out in a well timed method capital expenditure (capex) tasks, involving 10 developments.
The tasks that had “unjustified delays” embody: Baloi-Kauswagan-Aurora 230-kilovolt (kV) Transmission Line Venture (Part 2) – (Kauswagan-Lala 230-kV T/L Venture), Pagbilao EHV Substation Venture, Antipolo EHV Substation Venture, Tuy (Calaca)-Dasmariñas 500-kV T/L Venture, Cebu-Lapu-Lapu Transmission Venture, Cebu-Negros-Panay (CNP) 230-kV Spine Venture Stage 3 and Tacurong-Kalamansig 69-kV Line.
Implications
The ERC argued that delays might have “critical implications on the reliability of the grid and on the power of the transmission system to soak up new energy capacities, in the end affecting public curiosity.”
“It have to be emphasised that this isn’t a problem of whether or not or not these capex tasks have a charge affect to the shoppers as a result of any delay and unrealized capex venture is prejudicial to the general public. That is very true for NGCP’s capex tasks since [NGCP] serves as the only real concessionaire for the operation of the transmission system within the nation,” the 81-page determination learn.
“Any inexcusable delay on these tasks can have a far-reaching affect on our nation’s electrical energy high quality, reliability, safety and affordability. The delayed implementation of its capex tasks will affect the power of the grid to soak up new energy capacities that may handle the rising energy demand of communities, companies and different sectors of society. All these have implications on the charges of electrical energy and the economic system at giant,” it added.
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The regulator mentioned it was additionally investigating 27 different NGCP tasks.
“We’re finding out the issuance and our authorized choices beneath relevant legal guidelines, guidelines and laws,” NGCP spokesperson Cynthia Alabanza mentioned, when requested for a remark. —LISBET Ok. ESMAEL INQ
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