Filipinos deprived of P4-B a year due to NGCP IPO delay

The National Transmission Corporation (TransCo) today said that Filipinos are being deprived of the opportunity to earn over P4-Billion a year in stock dividends due to the delay in the National Grid Corporation’s (NGCP) Initial Public Offering (IPO).

TransCo President Atty. Melvin Matibag said this today as TransCo filed its Motion for Reconsideration with the Energy Regulatory Commission (ERC) to reverse the latter’s June 25, 2019 denial of TransCo and PSALM’s Petition for Intervention on the extension bid of the National Grid Corporation of the Philippines (NGCP) for its mandated IPO. Read More

The National Transmission Corporation

The National Transmission Corporation (TransCo) is a government agency created under Republic Act No. 9136, otherwise known as the Electric Power Industry Reform Act (EPIRA) of 2001.

Since March 1, 2003, TransCo operated and managed the power transmission system that links power plants to the electric distribution utilities nationwide. The same law mandated the privatization of TransCo through an outright sale or management concession agreement.

Following a public bidding conducted in December 2007, the TransCo concession was awarded to the National Grid Corporation of the Philippines (NGCP), which eventually secured a congressional franchise to operate the transmission network through Republic Act No. 9511.

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  • EPIRA SIGNED INTO LAW - June 8, 2001:
    Electric Power Industry Reform Act (EPIRA) mandating the creation of the National Transmission Corporation is signed into law.

  • ISO CERTIFICATION - March 24, 2017:
    TransCo receives its ISO certification for Quality Management System from TÜV Rheinland .

  • TRANSCO TOPS GOCCs IN GOVERNANCE SURVEY- June 2005:
    TransCo receives recognition in field of Corporate Governance from the Institute of Corporate Directors.

  • TRANSCO BAGS PQA RECOGNITION - January 2006:
    TransCo writes history by bagging the Philippine Quality Award Recognition for Commitment to Quality Management.

  • TRANSCO BAGS PQA RECOGNITION - January 2006:
    TransCo writes history by bagging the Philippine Quality Award Recognition for Commitment to Quality Management.

  • Read More
  • TRANSCO NOW IS0 9001:2015 CERTIFIED:
    National Transmission Corporation (TransCo) President Atty. Melvin Matibag (second from right) receives the ISO 9001:2015 Certification from... Read More.

  • Filipinos deprived of P4-B a year due to NGCP IPO delay:
    The National Transmission Corporation (TransCo) today said that Filipinos are being deprived of the opportunity to earn over P4-Billion a year... Read More.

Did you know?

  • After TransCo's System Operations Group acquired an ISO certification for Quality Management in 2003, an "ISO fever" soon swept the Corporation.

  • By 2006, practically all departments have secured their own ISO certifications.

  • With numerous ISO certifications under its belt, TransCo soon set its sights on the more challenging Philippine Quality Award

  • The TransCo anniversary is observed every 26th of June, the same as that of the Electric Power Industry Reform Act (EPIRA).

  • TransCo started operating under a new table of organization on July 16, 2009 following the privatization of its transmission function.

  • The ERC designated TransCo as the FIT-All Fund Administrator on November 19, 2012.

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Contact Information

Address: Power Center,
Quezon Avenue corner BIR Road,
Diliman, Quezon City
1101
Philippines

E-mail: customerservice@transco.ph

Trunkline: 63 (02) 7 902-1500

Website: www.transco.ph


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In compliance with the directive from the National Telecommunications Commission, all (02) landline numbers have been migrated to 8 digits starting October 6, 2019. Our new contact number is: (02) 7902-1500.