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BusinessWorld E-paper

May 18, 2023

THE PHILIPPINE government may retake control of the National Grid Corp. of the Philippines (NGCP), which is partially owned by a Chinese state-owned company, if needed, the Palace said on Wednesday.
Senator Rafael “Raffy ” T. Tulfo, who chairs the Senate energy panel, told President Ferdinand R. Marcos, Jr. at a Monday meeting that he wants to “assess the performance of the NGCP,” the Presidential Communications Office (PCO) said in a statement.

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