The Philippines said on May 16 that it would retake control of a power grid company that is partly owned by China if deemed necessary amid security concerns over China’s alleged control of the nation’s power grid.
Philippines Senator Raffy Tulfo, chair of the Senate Committee on Energy, discussed with President Ferdinand Marcos Jr. recent power outages in the country and the situation at the National Grid Corp of the Philippines (NGCP).
Tulfo cited an intelligence report that indicated the potential capability of China to “remotely access the country’s national grid and sabotage it.”
“In short, Chinese shareholders can do what they want when it comes to NGCP operations. This is why our country’s energy situation is unstable,” he said, according to local outlet GMA News Online….