Published on Sunday, 14 October 2012 11:28 Written by Paul Anthony Isla
THE Energy Regulatory Commission (ERC) said it recently awarded the certificate of compliance (COC) to SN Aboitiz Power-Benguet Inc. (SNAP-Benguet) for its new 31.45 megawatt (MW) Unit 1 of the Binga hydroelectric power plant.
ERC said in a statement the first of the four units of the Binga hydroelectric power plant complex, owned and operated by SNAP-Benguet joint venture of SN Power of Norway and Aboitiz Power Corp. (AboitizPower) and located in barangay Tinongdan, Itogon, Benguet, has been allowed to operate.
ERC said the issuance of the COC was anchored on SNAP-Benguet’s compliance with the technical, financial, and environmental requirements prescribed in the Revised Rules for the Issuance of COCs for Generation Companies/Facilities.
ERC said it also found SNAP-Benguet to be within the market share limitation set in Section 45 of the Electric Power Industry Reform Act (Epira).
SNAP-Benguet has an existing ancillary services procurement agreement (ASPA) for the Binga hydroelectric power plant with the National Grid Corp. of the Philippines (NGCP) that was approved by the ERC in October 2011.
With the awarded COC, SNAP-Benguet’s new Binga hydroelectric power plant’s first 31.45-MW unit can now start with its commercial operations for a period of five years. The COC must be renewed six months prior to its expiration.
“The ERC’s grant of a COC to SNAP-Benguet for the Binga hydroelectric power plant’s new 31.45-MW Unit 1 assures the public that this generation company adheres to environmental, technical, and financial standards set so that its operations will lead to a sustainable supply of electricity,” said Zenaida G. Cruz-Ducut, ERC chairman.
(Paul Anthony Isla) source
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