NGCP: NGCP reiterates it is Filipino-controlled

THE National Grid Corp. of the Philippines (NGCP) reiterated that it is Filipino-controlled, allaying concerns about its Chinese shareholder's role in operations. "The State Grid Corp. of China (SGCC) does not exercise control over the power grid nor over NGCP," NGCP Vice Chairman Henry Sy, Jr. told the House committee on legislative franchises in an [...]