TransCo Website

CORPORATE PROFILE

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.

On January 15, 2009, TransCo turned over the management and operation of its nationwide transmission system to NGCP. Ownership of all transmission assets however, remains with TransCo.

As owner of the transmission assets, TransCo has the following key responsibilities, each critical to its mission and role within the energy sector;

Protect the national government's interests by ensuring the Concessionaire's compliance with the terms and conditions of the Concession Agreement and the policies of the Department of Energy
Handle right-of-way (ROW) claims whose cause of action accrued prior to the commencement date (15 January 2009) and such other actions and claims retained by TransCo under the Concession Agreement
Serve as System Operator of Small Island Grids pursuant to the Department of Energy (DOE) Memorandum dated 4 February 2021 and DOE Department Circular DC 2021-11-0039
Act as Feed-in Tariff Allowance Fund Administrator pursuant to ERC Resolution No. 15, Series of 2012 dated 19 November 2012
Provide consultancy and/or other technical services for the management of the power system of Baguio City Economic Zone by virtue of a management contract
Divest remaining sub-transmission assets to qualified electric distribution utilities

Functions and Responsibilities

As owner of the transmission assets, TransCo has the following key responsibilities, each critical to its mission and role within the energy sector;

Protect the national government's interests by ensuring the Concessionaire's compliance with the terms and conditions of the Concession Agreement and the policies of the Department of Energy
Handle right-of-way (ROW) claims whose cause of action accrued prior to the commencement date (15 January 2009) and such other actions and claims retained by TransCo under the Concession Agreement
Serve as System Operator of Small Island Grids pursuant to the Department of Energy (DOE) Memorandum dated 4 February 2021 and DOE Department Circular DC 2021-11-0039
Act as Feed-in Tariff Allowance Fund Administrator pursuant to ERC Resolution No. 15, Series of 2012 dated 19 November 2012
Provide consultancy and/or other technical services for the management of the power system of Baguio City Economic Zone by virtue of a management contract
Divest remaining sub-transmission assets to qualified electric distribution utilities

VISION

By 2029, TransCo will be proficient in grid planning and system operations, actively
supporting the utilization of renewable and alternative energy, and generating
income from diversified revenue streams.

MISSION

We promote national development as stewards of the transmission assets by
ensuring their optimal utilization and managing related services.

CORE VALUES

INTEGRITY. We put primacy on ethical conduct, honesty, transparency, accountability, and adherence to moral principles in our operations to maintain public trust.

EXCELLENCE. We exemplify the highest standards of performance and pursue continuous improvement and innovation to exceed stakeholders' expectations.

PROFESSIONALISM. We are committed to exemplary public service that is embodied by respect, customer-centeredness, and collaborative spirit.