GBP units ink ancillary services deal with NGCP



Global Business Power Corp. yesterday said it had engaged with National Grid Corp. of the Philippines (NGCP) to support the reliability and security of the country’s power grid.

 

“Our subsidiaries Cebu Energy Development Corp. and Panay Energy Development Corp. have entered into an ASPA (ancillary services procurement agreement) with NGCP in April of this year,” Philip Dasalla, GBP’s head for commercial and strategy, said in a statement.

 

Ancillary services refer to the generating capacity readily available for dispatch in order to meet contingency reserve requirements when a power plant trips or a transmission interconnection problem occurs.

 

Such ser…

Keep on reading: GBP units ink ancillary services deal with NGCP



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