Section 14Sec./Art. 14

Functions and Responsibilities of the National Power Corporation. The NPC shall:

(a) Prepare and execute annually an NPC Graduation Plan;

(b) Continue to perform its missionary electrification mandate, including areas with no participating or awarded MGSP during a CSP;

(c) Conduct a CSP whenever authorized by the DOE pursuant to Section 12 of this Act;

(d) Execute the MSC with the awarded MGSP pursuant to the template determined by DOE in Section 12 of this Act;

(e) Exclusively collect from the DUs, administer, and apply the UCME;

(f) Simplify and streamline the procedure and requirements for the processing of UCME subsidy claims, upon consultation with public and private stakeholders: Provided, That the streamlined procedure shall not be more than forty-five (45) calendar days; and

(g) Release the UCME subsidy within forty-five (45) calendar days from submission to the NPC of the UCME subsidy claim with complete documentary requirements.