The National Power Corporation (Filipino: Pambansang Korporasyon sa Elektrisidad, also known as Napocor, NPC or National Power) is a Philippine government-owned and controlled corporation that is mandated to provide electricity to all rural areas of the Philippines by 2025 (known as "missionary electrification"), to manage water resources for power generation, and to optimize the use of other power generating assets. Prior to the deregulation of the power industry on March 1, 2003, as a result of the implementation of the Electric Power Industry Reform Act (EPIRA) law or Republic Act 9136 one year and nine months earlier on June 8, 2001, NAPOCOR/NPC was a vertically integrated power utility engaged in the production, transmission and distribution of electric power, used to be the largest provider and generator of electricity in the Philippines, and served as the operator and owner of the Philippine power grid and its related facilities and assets from its creation on November 3, 1936, until the turnover of operations, maintenance, and ownership of the grid to another government-owned corporation, National Transmission Corporation (TransCo), in March 2003. It was also the principal power provider for Manila Electric Company (Meralco), the only power distributor in the Metro Manila area and its nearby provinces (including all towns or cities such as Santo Tomas, Batangas on some of their respective provinces that cover the Meralco franchise). More information...
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