Transco and Gencos

By Cecilio T. Arillo

Mar 20, 2020 12:15 am

Ninth of a series

Former DoE (Department of Energy) secretary Vincent Perez, citing government’s inability to operate and maintain the country’s transmission project, had often stressed the importance of privatizing Transco (National Transmission Corp.). The government projected some P105-billion ($2.9 billion) in revenues upon completion of sale.

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