‘What the F?’ Tulfo says only 5% of NGCP’s income goes to dev’t projects


MANILA, Philippines—Senator Raffy Tulfo stated most of the earnings of the country’s power grid operator went to its shareholders while only five percent of its income was allotted for development projects. He said this is based on information reaching him. The National Grid Corp. of the Philippines (NGCP) is 40% owned by the State Grid […]

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