The NGCP made the announcement following the shutdown of 19 power plants, with three others operating at reduced capacity.
MANILA, Philippines — The National Grid Corporation of the Philippines said that the Luzon Power Grid will be placed under both red and yellow alert statuses on Tuesday.
As of writing, the NGCP's available capacity stands at 13,537 megawatts , exceeding the peak demand of 13,024 MW.A red alert is declared when the power supply is insufficient to meet consumer demand, and the transmission grid's operational requirements cannot be fully met. The public sector’s foreign borrowings approved by the Bangko Sentral ng Pilipinas went down by 48 percent to $2.87...
A six percent economic growth in the first quarter is possible given developments in the labor market and lower inflation,...
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