The National Grid Corp. of the Philippines (NGCP) on Wednesday reiterated it is on track to stage its initial public offering (IPO) in six months’ time.

“Right now, we’re on track with our planned activities and in accordance with the ruling handed out by the ERC (Energy Regulatory Commission). We will comply and we will be giving them monthly updates and we are mindful of the six-month deadline,” NGCP spokesperson Cynthia Alabanza told reporters on Wednesday.

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