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Friday, October 18, 2024

NGCP signs over P30b worth of new contracts

Synergy Grid & Development Phils. Inc. said Thursday its sole operating asset National Grid Corp. of the Philippines signed new construction contracts amounting to P30.19 billion as of end-September.

SGP said in a disclosure to the Philippine Stock Exchange the contracts included the permanent restoration of C.P. Garcia-Ubay 138kV transmission line towers affected by Typhoon Odette, construction and erection of NGCP transmission lines affected by DOTr-North-South Commuter Railway Extension and the Zamboanga Peninsula Voltage Improvement Project, Schedule I.

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Other construction contracts are the Mexico 69kV substation expansion project under the San Simon 230kV Substation project and North Luzon substation upgrading project Stage 2 rebidding, North Luzon substation upgrading Project 2, Schedule VI – (Laoag, Bauang, San Esteban & Bacnotan Substation Portion) & Pinili substation project – (Currimao Substation Portion), Visayas substation upgrading Project 2 at Barotac Viejo, San Jose & Sta. Barbara Substations (rebidding).

It also includes the expansion of the Visayas Regional Control Center Building (Cebu), Laguindingan230kV bus-in to Balo-I – Villanueva and Nasipit138kV bus- in to Jasaan-Butuan transmission line project, Western Luzon 500kV backbone project (Stage 2) and others. Alena Mae S. Flores

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