Republic of the Philippines ENERGY REGULATORY COMMISSION San Miguei Avenue, Pasig City IN THE MATTER OF VIOLATION OF ERC ERC CASE NO. 2010-059 MC ORDERS, RULES AND REGULATIONS RE: Failure to Comply With Articles 5.3.7 and 6.3.1.1 of the Philippine Grid Code (PGC), Amendment No. 1 NATIONAL TRANSMISSION CORPORATION (TRANSCO) Respondent, Xoo --~- == 52-2222 x DECISION ‘The Commission takes note of the “Offer of Settlement” filed by the National Transmission Corporation (TRANSCO) on April 7, 2011, offering to pay as settlement of the case, fifty percent (50%) of the total amount of the imposable penalty for the above~ captioned violation, computed as follows: Particulars ‘Amount (PhP) _ For Failure to File the Regulatory Reset Application on the Extended Deadline for Filing Pursuant to the “Guidelines to Govern the imposition of Administrative Sanctions in the Form of Fines and Penalties Pursuant to Sec. 46 of R.A. No. 9136" Initial Amount 100,000.00 Plus: PhP100.00 a day for every day of violation (August 1, 2008 to January 14, 2009) (PhP 100.00 x 167 days) | 16,700.00 TOTAL 116,700.00 Fifty Percent (50%) thereof _ 58,350.00 Finding the said offer to be just and reasonable, and in accordance with the “Guidelines to Govern the Imposition of Administrative Sanctions in the Form of FinesERG CASE NO. 2010-059 MC TRANSCO Decision/June 15, 2011 Page 2 of 2 and Penalties Pursuant to Section 46 of Republic Act No. 9136", the same is hereby ACCEPTED and APPROVED. Accordingly, the National Transmission Corporation (TRANSCO) is hereby directed to remit the total amount of FIFTY EIGHT THOUSAND THREE HUNDRED FIFTY PESOS (PhP§8,350.00), in the name of the Energy Regulatory Commission (ERC), within fifteen (15) days from receipt hereof. SO ORDERED. Pasig City, June 15, 2011 FOR AND BY AUTHORITY OF THE COMMISSION: AU RIN Commissione: hihi Reference: No, 2011-D1.D020 Copy furnished: 1. ENGR. ROLANDO T. BACANI President and Chief Executive Officer National Transmission Corporation Transco Main Building, Power Center Complex Quezon Avenue comer BIR Road Diliman, Quezon City 2. ATTY. NOEL Z. DE LEO! ATTY. LEON T. TAPEL, Ji ATTY. MARTESSA E. NUYLAN: and ATTY. ERICK J, PEREZ Counsels for Respondent National Transmission Corporation (TRANSCO) TRANSCO Main Building, Power Center Complex Quezon Avenue comer BIR Road Diliman, Quezon City