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NGCP grilled over Chinese ties; solon says firm complied with rules

  • Lawmakers questioned the National Grid Corporation of the Philippines about its ties to Chinese companies, but a lawmaker stated that NGCP complied with its congressional franchise rules.
  • The Bureau of Internal Revenue confirmed that NGCP has been paying all its tax liabilities, indicating no need for further investigation.
  • The Energy Regulatory Commission is pushing for higher fines against NGCP for delays in at least 34 transmission projects, with a call for fixed completion dates.
  • House Speaker Ferdinand Martin Romualdez mentioned that investigations into NGCP will continue as Congress resumes its session.
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