National Transmission Corporation (original) (raw)

The National Transmission Corporation (TransCo) is a Philippine government-owned and controlled corporation created in 2001 by the Electric Power Industry Reform Act (Republic Act 9136) and a corporate entity wholly owned by the Power Sector Assets and Liabilities Management (PSALM). It is the owner of the country's power grid and its related assets and facilities since March 1, 2003, and also served as operator of the grid from March 2003 until the turnover of the grid's operations and maintenance to the privately owned National Grid Corporation of the Philippines (NGCP) on January 15, 2009. As owner of the transmission facilities, it assumed all of National Power Corporation's (NAPOCOR) substation and transmission assets. TransCo is also responsible for protecting the national government