Stay informed on the latest happenings and headlines in the Philippine power industry with…
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Stay informed on the latest happenings and headlines in the Philippine power industry with Mabuhay Energy’s Weekly News Spotlight! This week, we’re featuring key articles from the regulatory sector that are shaping the energy landscape: 𝐄𝐑𝐂 𝐀𝐩𝐩𝐫𝐨𝐯𝐞𝐬 ₱𝟒.𝟖𝐁 𝐍𝐆𝐂𝐏 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐬 𝐭𝐨 𝐁𝐨𝐨𝐬𝐭 𝐏𝐨𝐰𝐞𝐫 𝐢𝐧 𝐕𝐢𝐬𝐚𝐲𝐚𝐬, 𝐋𝐮𝐳𝐨𝐧 ERC approved four NGCP projects to improve power transmission: three in Visayas, one in Luzon. The ₱1.9B Granada 230-kV, ₱1.36B Sumangga 138-kV, and ₱1B La Carlota 138-kV substations will boost reliability in Negros Occidental, set for 2028 completion. READ MORE: https://mb.com.ph/2025/2/17/erc-approves-4-ngcp-projects 𝐌𝐚𝐫𝐜𝐨𝐬 𝐒𝐢𝐠𝐧𝐬 𝐄𝐱𝐞𝐜𝐮𝐭𝐢𝐯𝐞 𝐎𝐫𝐝𝐞𝐫 (𝐄𝐎) 𝐆𝐫𝐚𝐧𝐭𝐢𝐧𝐠 𝐓𝐚𝐱 𝐏𝐞𝐫𝐤𝐬 𝐭𝐨 𝐈𝐏𝐏𝐬 President Ferdinand Marcos Jr. signed an Executive Order (EO) granting real property tax relief to Independent Power Producers (IPPs) under build-operate-transfer (BOT) contracts with government-owned corporations. The EO ensures that the National Power Corp. (Napocor) shoulders the tax burden as per BOT contracts. It also waives interest and penalties on unpaid taxes for 2024, with any excess payments credited to future liabilities. READ MORE: https://www.manilatimes.net/2025/02/20/news/national/marcos-signs-eo-granting-tax-perks-to-ipps/2058794 Image Source: Manila Times Mabuhay Energy, #YourPartnerForGrowth
