Sy Pitches P700-B Energy Grid Upgrade Plan to Cut Philippine Power Costs
Infrastructure

Sy Pitches P700-B Energy Grid Upgrade Plan to Cut Philippine Power Costs

Tycoon Henry Sy Jr. has proposed a P700-billion intervention to address the Philippines' high electricity costs. The plan involves the National Grid Corporation of the Philippines investing in a nationwide network of battery energy storage systems (BESS) to stabilize power supply.

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