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, the new TransCo is mandated with five key responsibilities:

Protect national government's interests by ensuring NGCP's compliance with the terms and conditions of the Concession Agreement and the policies of the Department of Energy;
Handle all existing cases, including right-of-way and claims which accrued prior to the turnover date;
Divest remaining sub-transmission assets to technically and financially qualified electric distributors nationwide; and
Undertake the operation, maintenance, consultancy and other technical services for the Philippine Economic Zone Authority (PEZA).
Administer the Feed-in-Tariff Allowance Fund for renewable energy generators.

MANDATES

As owner of the transmision assets, the new TransCo is mandated with five key responsibilities:

Protect national government's interests by ensuring NGCP's compliance with the terms and conditions of the Concession Agreement and the policies of the Department of Energy;
Handle all existing cases, including right-of-way and claims which accrued prior to the turnover date (January 15, 2009);
Divest remaining sub-transmission assets to technically and financially qualified electric distributors nationwide, and;
Undertake the operation, maintenance, consultancy and other technical services for the Baguio City Economic Zone.
Administer the Feed-In-Tariff Allowance Fund for renewable energy generators.

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.