The National Grid Corporation of the Philippines (NGCP) is of the opinion that the successful completion of this project would enable mammoth power generating plants such as San Miguel Corporation (SMC) and GNPower to connect to the grid, thereby augmenting the generating capability of incoming plants. Correspondingly, cite NGCP’s representatives, the locals would enjoy the benefits of quality, reliable, and uninterrupted power supply. NGCP also has myriad other transmission network enhancement projects lined up, which it intends to fast-track. This would provide an impetus to the regional ring main unit industry, pertaining to the requirement of RMUs in transmission lines.
The National Grid Corporation of the Philippines (NGCP) claims that the Mindanao transmission backbone project also aims to serve as a vital constituent of the Visayas-Mindanao Interconnection Project (VMIP). Apparently, this would help interlink the nation’s power grids, which would, in consequence, enable power sharing between the major islands in the country. In effect, the project would ultimately aim to ensure optimum stability and reliability of the local grid infrastructure, which would emerge as a vital driving force of the regional ring main unit market.