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NGCP From B1
The Philippine Star
|February 25, 2025
PSALM and TransCo were also ordered to indemnify NGCP by as much as P56.53 million for expenses on right-of-way claims, the SGP said.
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"TransCo was likewise obliged to reimburse NGCP for the former's retained obligations at (around P51.84 million), together with simple interest at the rate of six percent per annum," it said.
For other non-monetary claims, the SGP said the tribunal ruled that during the concession period, the NGCP has the "exclusive right" to use the transmission assets, including those of a related business.
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