00:00The Marcos Administration has implemented an initiative
00:04in infrastructure development,
00:06particularly in the power grid of the country in 2024,
00:10which was approved by the government last year
00:13through multiple energy projects on the islands of Luzon, Visayas, and Mindanao.
00:20This was the first aggressive approach in the development of the Luzon power grid
00:24to the Mariveles-Hermosa-San Jose 500kV transmission line last July.
00:30The Cebu-Negros-Panay Backbone Project for the western to central Visayas this April
00:37was also approved.
00:38In September, the Cebu-Bohol Interconnection Project was launched
00:43that brought connections between Cebu and Bohol.
00:47The Mindanao-Visayas Interconnection also strengthened
00:50the energy flow to Mindanao through the Presidio Infrastructure Link
00:57in the vicinity of Zamboanga del Norte and Santander, Cebu.
01:01Meanwhile, the government approved these projects
01:06that will lower the price of electricity in the coming years.