History
TransCo was previously an integral part of the state-owned National Power Corporation created under the Electric Power Industry Reform Act which describes TransCo as its "crown jewel", as a step to privatize the nation's electric industry.
TransCo has been separated from Napocor since March 1, 2003. Its transmission lines links various power plants, distribution utilities (such as Meralco) and electric cooperatives all over the Philippines.
Read more about this topic: National Transmission Corporation
Famous quotes containing the word history:
“In nature, all is useful, all is beautiful. It is therefore beautiful, because it is alive, moving, reproductive; it is therefore useful, because it is symmetrical and fair. Beauty will not come at the call of a legislature, nor will it repeat in England or America its history in Greece. It will come, as always, unannounced, and spring up between the feet of brave and earnest men.”
—Ralph Waldo Emerson (1803–1882)
“Considered in its entirety, psychoanalysis won’t do. It’s an end product, moreover, like a dinosaur or a zeppelin; no better theory can ever be erected on its ruins, which will remain for ever one of the saddest and strangest of all landmarks in the history of twentieth-century thought.”
—Peter B. Medawar (1915–1987)
“The view of Jerusalem is the history of the world; it is more, it is the history of earth and of heaven.”
—Benjamin Disraeli (1804–1881)