Tuesday, November 26, 2013

P5B eyed for Angat retrofit

Manila Standard Today
By Alena Mae S. Flores | Nov. 26, 2013 at 12:02am

The Power Sector Assets and Liabilities Management Corp. on Monday said the strengthening of the Angat dam will cost about P5 billion.

“Based on the recommendation of the consultant on the Angat dam and dike study, the estimated cost is about P5 billion,” PSALM president Emmanuel Ledesma Jr. told reporters.

He did not say whether Korea Water Resources Corp., the highest bidder of the 218-megawatt Angat hydro power plant in 2010, will shoulder the cost of the dam and dike remediation once it takes over the operations of the hydro facility in Bulacan next month.

“K-water, as provided in the O and M agreement (for the non-power component), can engage at least two independent consultants to conduct its own study on its own regarding the Angat dam, and implement recommendations arrived thereat to conform with generally accepted international standards,” Ledesma said.

He said recommendations made last year indicated a new auxiliary spillway, construction of rockfill buttress over the downstream slope of the main dam and the dike, core raising for the main dike embankments and additional instruments.

Stakeholders in the energy sector have agreed to speed up the strengthening of the Angat infrastructure following natural calamities that hit ther Visyas recently.

An inter-agency meeting was held on Nov. 20 at the office of PSALM office in Makati City to facilitate the implementation of Angay’s remediation.

PSALM manages the assets of Napocor while Napocor operates the Angat dam.

Napocor earlier said in a statement the Angat stakeholders recognized the urgency of stabilizing the supply of domestic water to Metro Manila and its neighboring towns and cities; power generation; irrigation water supply; and safety of the downstream communities. 

PSALM said only the power plant component of the Angat dam was privatized, and that the privatization of the Angat hydro plant would not impair the water supply from the reservoir.  source

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