The National Power Corporation (Filipino: Pambansang Korporasyon sa Elektrisidad), also known as the NPC or Napocor, is a state-owned company that serves as the largest provider and generator of electricity in the Philippines. It is also the principal power provider for Manila Electric, the only power distributor in the Metro Manila area.
Napocor is also the country's largest corporation in terms of revenue, though profitability is a main concern because it is now in the business of missionary electrification that provides electricity to far-flung, off-grid remote areas and islands at subsidized rates. As a government owned-and-controlled corporation, Napocor is subject to the scrutiny of the Commission on Audit (COA).
Famous quotes containing the words national, power and/or corporation:
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