Posted by Manila Standard Today
A wholly-owned unit of Filinvest Development Corp. is still interested in building new power generation projects across the country.
Filinvest chairman Jonathan Gotianun said the company, through power unit FDC Utilities Inc., is looking at putting up at least 200 megawatts of combined clean coal and biomass power plants worth at least P25 billion.
A consortium led by FDC Utilities earlier secured an approval from the Phividec board to put up a 300-MW power plant inside the Phividec Industrial Estate in Misamis Oriental amid concerns of a power shortage in Mindanao in the coming years.
The project is seen to boost the power supply in Mindanao.
He said the Filinvest was reviewing the design and location of the plants, including Cebu, Camarines Sur, Negros island and Davao City.
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