NGCP to invest $9 billion in grid expansion
The National Grid Corporation of the Philippines (NGCP) has planned to invest over $9 billion in grid expansion over the next 10 years.
Development Plan (TDP) details priority projects to improve
transmission backbones and alternative transmission corridors, and to
develop resiliency policies for power transmission facilities.
The company is set to complete more projects in the coming years, among others, which are: 500kV Substation Projects (Taguig and Marilao) and 230kV Substation Projects (Pasay, Navotas, and Antipolo), which intend to cater the load growth of Metro Manila; the Cebu–Bohol 230kV Interconnection Project, which intends to accommodate the load growth and provide reliability of Bohol, and the Nabas-Caticlan-Boracay Interconnection Project, which intends to accommodate the load growth and provide reliability of Boracay Island.
Also in the pipeline are the Visayas Voltage Improvement Project, which intends to improve the power quality in Visayas; the Mindanao 230kV backbone project, which will upgrade the region’s transmission capacity and secure the reliability of power transmission services throughout the island; the Mindanao Substation Upgrading Project, which intends to increase the substation capacity and improve power quality; and the Kabacan 138kV Substation Project, which will contribute to power reliability in South Western Mindanao area.
NGCP is on-track to complete the Mindanao-Visayas Interconnection Project (MVIP), considered as the largest energy infrastructure in the history of the country.
“We are dedicated to completing the MVIP by December 2020 not only because we committed this, but also because interconnection among the three main grids is long overdue. The interconnection of Visayas and Mindanao was first proposed by government in 1984, but it was private entity NGCP which brought the government’s decades old plan from the feasibility stage to the implementation and completion stage,” stated NGCP.