By Myrna M. Velasco
Published: August 17, 2013
Helsinki-listed Wärtsilä Finland Oy has been tapped as engine supplier for the 20.9-megawatt bunker-fired power facility being developed by PeakpowerSoccsargen, Inc., a subsidiary of A. Brown Company Inc.
The project developer also engaged Power, Manufacturing and Machine Works (PMM Works) for the engineering, installment and construction of the proposed diesel-run facility. The contractor for the switchyard will be Ferrowelds Construction.
The plant, of which capacity has already been committed for off-take with the South Cotabato II Electric Cooperative (SOCOTECO II), recently had its groundbreaking rites – with some local officials and business groups in attendance.
Being in the genre of the so-called “off-the-shelf facilities”, the power plant to be sited in General Santos, can be expected on stream as early as next year.
In a press statement, Peakpower president and chief executive officer Roel Castro noted that the facility “is just one of the many projects designed to address the lack of power in the Mindanao grid.”
The long-term power supply solution for energy-scant Mindanao is expected on stream around 2015. It consists of the baseload capacities to be provided by coal-fired power plants.
The bunker-fired project of Peakpower, according to the company executive “will allow the cooperatives to meet their needs for peaking power.”
According to SOCOTECO II general manager Rodolfo Ocat, the project will be undertaken by Peakpower on a build-operate-transfer (BOT) scheme. Under the parties’ pact, “after 15 years, the power plant will be transferred to the cooperative.”
ABCI chairman Walter Brown said his group will be aiding the country on its power supply needs for the long term. Apart from this venture, his company is also involved in the two-phased 270MW coal fired power project in Iloilo.
“We’re interested in problems: not creating or expanding them but in solving them with the help and assistance of the community, in a transparent manner,” Brown said.
Castro emphasized that it has been part of their company’s aim “to address the incessant power outages caused by the shortfall in peaking energy in Mindanao.”
The facility is expected “to address the incessant power outages caused by the shortfall in peaking energy in Mindanao,” the company executive explained further.
Castro shared the view that “the security and reliability of power supply would yield more competitive rates and help bring electricity costs down”, thus, propelling business activities in the area. source
The project developer also engaged Power, Manufacturing and Machine Works (PMM Works) for the engineering, installment and construction of the proposed diesel-run facility. The contractor for the switchyard will be Ferrowelds Construction.
The plant, of which capacity has already been committed for off-take with the South Cotabato II Electric Cooperative (SOCOTECO II), recently had its groundbreaking rites – with some local officials and business groups in attendance.
Being in the genre of the so-called “off-the-shelf facilities”, the power plant to be sited in General Santos, can be expected on stream as early as next year.
In a press statement, Peakpower president and chief executive officer Roel Castro noted that the facility “is just one of the many projects designed to address the lack of power in the Mindanao grid.”
The long-term power supply solution for energy-scant Mindanao is expected on stream around 2015. It consists of the baseload capacities to be provided by coal-fired power plants.
The bunker-fired project of Peakpower, according to the company executive “will allow the cooperatives to meet their needs for peaking power.”
According to SOCOTECO II general manager Rodolfo Ocat, the project will be undertaken by Peakpower on a build-operate-transfer (BOT) scheme. Under the parties’ pact, “after 15 years, the power plant will be transferred to the cooperative.”
ABCI chairman Walter Brown said his group will be aiding the country on its power supply needs for the long term. Apart from this venture, his company is also involved in the two-phased 270MW coal fired power project in Iloilo.
“We’re interested in problems: not creating or expanding them but in solving them with the help and assistance of the community, in a transparent manner,” Brown said.
Castro emphasized that it has been part of their company’s aim “to address the incessant power outages caused by the shortfall in peaking energy in Mindanao.”
The facility is expected “to address the incessant power outages caused by the shortfall in peaking energy in Mindanao,” the company executive explained further.
Castro shared the view that “the security and reliability of power supply would yield more competitive rates and help bring electricity costs down”, thus, propelling business activities in the area. source
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