Economy

NGCP sees Cebu-Bohol 230-kV link project completed in 2024













BW FILE PHOTO

THE National Grid Corp. of the Philippines (NGCP) is targeting operations by next year for the Cebu-Bohol 230-kilovolt (kV) interconnection project.

“Right now, we have completed the laying of the submarine cable, and we are working towards completion of the substation and transmission lines. So, the target is by next year, 2024,” Michael R. Baylosis, head of the Visayas System Planning Division of NGCP, said in a virtual energy investment forum on Tuesday.

In June last year, the Energy Regulatory Commission approved Option 1 of NGCP’s proposed project worth P19.61 billion.

The Cebu-Bohol interconnection project connects the two islands via double-circuit 230-kV submarine cables.

The link will head off overloading of the Leyte-Bohol 138-kV submarine cable and provide Bohol Island with another source of power. — Sheldeen Joy Talavera

CEDadiantiTyClea




Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:

TheProficientInvestor.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top