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Over 5% increase in electricity demand is observed in NGCP.
The 2024-2050 Transmission Development Plan (TDP) of the National Grid Corporation of the Philippines (NGCP) projects that in 2024–2050, the country’s power demand will increase at an average annual compound growth rate (AACGR) of more than 5%. The transmission system’s necessary renovation and expansion projects are outlined in the TDP…