The Philippines seeks to finish a project connecting the electricity grids in the central and southern parts of the country by March, President Ferdinand R. Marcos, Jr. said on Monday. READ:
THE PHILIPPINES seeks to finish a project connecting the electricity grids in the central and southern parts of the country by March, President Ferdinand R. Marcos, Jr. said on Monday.
The Mindanao-Visayas interconnection project, expected to be finished by March, “will benefit the people of Mindanao and the Visayas through the transmission of electric power between these islands,” the Presidential Communications Office said in a statement, citing the president’s speech at the WESM launch in Malacañang.
Mr. Marcos said a centralized venue for trading electricity for large-scale buyers and sellers in Mindanao and an “interconnected and interdependent” grid in the country “will not only ensure a level playing field in the competitive energy market but will also provide assurance to investors.”
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