The Energy Regulatory Commission (ERC) has slapped a P5.1-million fine against the National Grid Corp. of the Philippines (NGCP) for violating a Department of Energy circular on transparency. READ:
In a statement posted on its website on Tuesday, the ERC said the NGCP violated DOE’s Department Circular No. DC2021-10-0031, entitled “Prescribing the Policy for the Transparent and Efficient Procurement of Ancillary Services by the System Operator” or AS-CSP Policy.
“The ERC finds that when NGCP proceeded to publish and post the ITB without the prior approval of the DOE, it committed a violation of the said provision of the AS-CSP Policy,” the regulator said. The regulator warned NGCP that its non-compliance with laws, rules, orders, and regulations issued by authorities might result in the cancellation of its certificate of public convenience and necessity and the endorsement by the ERC to Congress of the revocation of its legislative franchise.
“This was the tone we wanted to set when Messers. [Henry] Sy and [Anthony] Almeda paid a courtesy call to the newly installed DOE leadership about two months ago. This very issue on the AS CSP [ancillary service competitive selection process] submission was raised by the secretary, and the appropriate submissions to the DOE were made within hours of that first meeting. As if timed to the hour, the ERC show cause was issued the very next day,” NGCP said.
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