Sapat at mas murang kuryente, target ng pamumuhunan ng Maharlika Investment Corporation

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Sa National Grid Corporation of the Philippines o NGCP unang maglalagak ng puhunan ang Maharlika Investment Corporation. Itutulak nito sa kumpanya ang pagsisiguro na matatapos ang mga proyekto na magpapababa ng singil sa kuryente.

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Transcript

00:00The National Grid Corporation of the Philippines, or NGCP,

00:05will be the first to invest heavily in the Makalika Investment Corporation.

00:11This will push the company to ensure that the projects that will reduce electricity costs will be completed.

00:19This is what Ivan Mayerina reported.

00:25Enough and lower prices of electricity for the country.

00:28This will be the result of the investment of Makalika Investment Corporation, or MIC,

00:33in the National Grid Corporation of the Philippines,

00:35which is responsible for the power grid that supplies electricity to the country.

00:38The agreement was signed between Makalika and Synergy Grid and Development Philippines, Inc.,

00:44which holds 40% of the shares of NGCP.

00:48Makalika will invest P19.7 billion to get a 20% stake in NGCP.

00:55As an investor, the government will help in supporting NGCP's infrastructure projects

01:00so that these can be completed.

01:02The way NGCP can contribute to lower electricity is by ensuring that that rollout indeed happens.

01:10Because once you've got that transmission grid infrastructure being rolled out successfully,

01:15then you would have more power players that can in fact get onto the grid and provide supply to the grid.

01:24And obviously, just like any commodity, as you've got more supply coming in,

01:30the price of power will at some point in time come down.

01:3540% of the shares of NGCP are held by the State Grid Corporation of China.

01:39This is something that some sectors will be in charge of because of the early move to security.

01:44With the investment of MIC, it will get two board seats in NGCP,

01:49which is said to be important for the government to monitor.

01:52Even though NGCP has already stated that it is not a threat to the country's security.

02:22and their transmission facilities, then we would also be able to,

02:27the government will also be better able to contribute to addressing those issues.

02:32And if possible, the Maharlika can also buy shares of the State Grid Corporation of China.

02:37If it becomes available, I think so, yes.

02:41Funding for NGCP is the first major investment of the Maharlika Investment Fund,

02:47established by the Marcos Administration to earn funds that can be used for the development of the economy.

02:53For GMA Integrated News, Ivan Mejrini, for Tutok, 24 hours.

Sapat at mas murang kuryente, target ng pamumuhunan ng Maharlika Investment Corporation | 24 Oras

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