ngcp

On January 15, 2009, the National Grid Corporation of the Philippines (NGCP) formally took over the crucial task of delivering safe
and reliable electricity throughout the archipelago, a responsibility formerly held by the National Transmission Corporation or
TransCo.

OVERVIEW
The National Grid Corporation of the Philippines (NGCP) holds the franchise to operate and maintain the Philippines’ electricity
transmission network.
As the system operator of the power grid, NGCP balances the demand and supply of electricity to efficiently serve all of its
customers which are generators, private distribution utilities, electric cooperatives, government-owned utilities, ecozones, industries,
and directly connected companies.
 As the only transmission utility firm in the country, NGCP performs a significant role in nation building by providing the necessary
infrastructure to deliver electricity where it is needed --whether in far flung communities or in urban centers. 
WHY JOIN US?
The National Grid Corporation of the Philippines (NGCP) offers a wide range of opportunities for professional growth for people who
want to build a career in the energy sector.
 It is one of the biggest employers in the country with its nationwide network of power lines and substations located in South Luzon,
North Luzon, Visayas and Mindanao regions.
 NGCP has a world-class workforce, people who are technically competent and highly qualified. It offers a competitive remuneration
and training package as well as career advancement opportunities to qualified applicants.
  
COMPANY BACKGROUND
History:
The National Grid Corporation of the Philippines (NGCP) holds the franchise to operate and maintain the Philippines’ electricity
transmission network.

As the system operator of the power grid, NGCP balances the demand and supply of electricity to efficiently serve all of its
customers which are generators, private distribution utilities, electric cooperatives, government-owned utilities, ecozones, industries,
and directly connected companies.
 
As the only transmission utility firm in the country, NGCP performs a significant role in nation building by providing the necessary
infrastructure to deliver electricity where it is needed --whether in far flung communities or in urban centers.

Three months after acquiring 30-percent equity held by the Razon group in the National Grid Corporation of the Philippines (NGCP),
Henry Sy Jr. is taking the helm of the country’s power transmission grid as its president and chief executive officer (CEO).

The son of shopping mall magnate Henry Sy, bought the shareholdings of Monte Oro Resources Grid Corporation in NGCP for
$350 million via his One Taipan Holdings.

The deal was concluded in March this year with the other relevant shareholders in NGCP being Calaca High Power, of the Coyiuto
group, with 30-percent equity; and State Grid of China, with 40-percent shareholdings.

It was announced in a press statement that Sy Jr. was elected by the NGCP board to the top management post last week.

He is also currently the vice chairman and CEO of SM Development Corporation, and vice chairman of SM Investments
Corporation. In taking the company’s management controls, Sy Jr. emphasized on working “closely with his partners to ensure that
the company delivers on its commitment to provide transmission reliability and efficiency anchored on continuously improving its
facilities and keeping the NGCP workforce highly motivated.”

It must be recalled that a year-long skirmish among shareholders at NGCP affected the implementation of projects that could have
started improving the country’s transmission as soon as the concessionaire to the National Transmission Corporation (TransCo)
took over in January 2009.

“NGCP will prioritize the preparation of a long-term master plan to develop a contiguous National Grid that will connect all the major
islands in the country with the assistance of the State Grid of China, its foreign financial and technical partner,” Sy Jr. said.

Among the improvements he will be focusing on is closer coordination with other stakeholders in alerting consumers of supply
deficiencies and other problems in the power system.

“We hope the Government will be able to implement measures that will encourage future investments in generation to avert any
protracted brownouts which is not good for business,” Sy stressed.
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who we are?

The National Grid Corporation of the Philippines (NGCP) has the crucial task of delivering safe and reliable electricity throughout the
archipelago, a responsibility formerly held by the National Transmission Corporation or TransCo. Incorporated in 2008, the private
corporation won in the bidding for the franchise to operate and maintain the country’s transmission network – the biggest
government auction conducted in efforts to reform the local power sector. The fifty-year franchise provides NGCP with the right to
operate, maintain, expand and further develop the country’s power transmission system which as of end-2009 involved 19,425
circuit kilometers of transmission lines and 23,853 MVA of substation capacity. As the system operator of the power grid, NGCP
balances the demand and supply of electricity to efficiently serve all of its customers which include generators, private distribution
utilities, electric cooperatives, government-owned utilities, ecozones, industries, and directly connected companies. It is responsible
for putting online the right mix of power plants that generate the high-voltage electricity and transmitting this to the various
distribution utilities which in turn delivers the electricity at a lower voltage rating to households and other end-users. Equipped with
technical expertise, sound financial portfolio, and impressive track record, NGCP is poised to successfully deliver the electricity
needed to fuel the growth of the economy and thereby empower the Filipino people, the country’s business sector, and the nation as
a whole.

Vision

To build the strongest power grid and maintain the best power utility practice in Southeast Asia, with the collective efforts of a world-class
professional work force

Mission

Contributing to social and economic development of the nation and satisfying our stakeholders’ needs, by efficiently developing and adequately
operating the power grid to provide reliable electricity transmission service.

Objectives

We shall upgrade and expand our transmission facilities with cutting-edge technology, keep improving our operations and maintenance
practice with global knowledge sharing, thus to guarantee the safety and security of our power system and employees. With the strongest
power grid, we will be rewarded with continuous improvement of our power quality and reliability, and operation efficiency, which in turn shall
enhance the lives of all: our customers to be rewarded with energy cost savings, the investors to be provided with fair return, the employees to
share in benefit from exceptional financial performance, the societyto enjoy an environmental-friendly energy system. With enhanced
knowledge sharing from all over the world, we will develop our workforce into the most respected and competent professionals, and help them
to realize self-fulfillments. All these objectives are to be completed with our people’s determination to pursuit excellence and perfection.

Core values

Integrity. We abide by a high level of professionalism, sincerity, positivity, and brotherly compassion to serve. Competence. We uphold a strong
heritage which continues to inspire us to perform to our utmost power. Passion. We maintain an unmatched passion to serve, and a passion for
excellence in all we do.