Disclaimer
The Transmission Development Plan (TDP) is prepared and published solely for information purposes. While NGCP, to the best of its knowledge, has used the most accurate data available, and has used utmost prudence in the use of those information, nothing in this document can be or should be taken as a recommendation in respect of any possible investment or business decision. This document does not claim to contain all the information that a prospective investor or grid user or potential participant to the electricity market, or any other person or interested parties may require for making decisions. In preparing this document it is not possible nor it is intended for NGCP to have considered the investment objectives, financial situation and particular needs of each person who uses this document.
In all cases, anyone proposing to rely on or use the information in this document should independently verify and check the accuracy, completeness, reliability and suitability of that information and the reports and other information relied on by NGCP in preparing this document, and should obtain independent and specific advice from appropriate experts.
In the same manner, NGCP does not make representations or warranty as to the accuracy, reliability, completeness or suitability for particular purposes of the information in this document. Persons reading or using this document acknowledge that NGCP and/or its employees shall have no liability (including liability to any person by reason of negligence or negligent misstatement) for any statements, opinions, information or matter (expressed or implied) arising out of, contained in or derived from, or for any omissions from, the information in this document, except insofar as liability under any statute of the Republic of the Philippines cannot be excluded.
Foreword
This Transmission Development Plan (TDP) comes at an auspicious time when much is expected from the energy sector’s newest entity.
The NATIONAL GRID CORPORATION OF THE PHILIPPINES (NGCP) has officially taken over the nationwide transmission grid operations starting January 15, 2009. As such, NGCP is tasked to operate and maintain the country’s power transmission grid.
Without a doubt, as a newly privatized company, NGCP remains at the forefront of the reforms being undertaken for the benefit of power customers nationwide as envisioned by the Electric Power Industry Reform Act of 2001.
The TDP reflects NGCP’s vision of building the strongest power grid and maintain the best power utility practice in Southeast Asia. This ten-year plan is also NGCP’s roadmap for transmission development required to meet demand growth, support incoming generation facilities and sustain its transmission business operations while ensuring compliance with technical and regulatory framework of the electric industry.
The plan will guarantee the upgrading and expansion of NGCP’s transmission facilities thus contributing to social and economic development of the nation and at the same time satisfying the stakeholders’ needs.
As a commitment for ensuring a reliable transmission system today and in the future, NGCP will be investing billions to roll out new transmission infrastructures. These transmission network upgrade and expansion initiatives are expected to bring about positive, far-reaching changes, not only in the reliability and quality of transmission service, but also in helping improve the economy of the country.
For the first time, this edition of the TDP will be released in three separate volumes. Volume 1 will cover major network upgrades and expansions resulting from centralized transmission system planning activities. Volumes 2 and 3 will cover other network developments relating to NGCP’s key service areas such as Operations and Maintenance (O&M) and System Operations (SO), respectively.
The capital expenditures (capex) outlined in the three volumes of the TDP shall form the major component of NGCP’s submissions to the Energy Regulatory Commission for the Third Regulatory Period (2011-2015). However, not all of the projects in the TDP might be included in NGCP’s forecast capex for the Regulatory Reset.
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