Business World Online
Posted on November 19, 2014 09:53:00 PM
A SUBSIDIARY of Peakpower Energy, Inc. has started commercial operations at its 20.9-megawatt (MW) bunker-fired power plant yesterday, 15 months after it broke ground for the project located in General Santos City.
In a statement yesterday, the parent company announced the Peakpower Soccsargen, Inc.’s (PSI) inauguration of the project in Barangay Apopong.
The P1.9-billion facility will supply the peaking power requirements of the South Cotabato II Electric Cooperative, Inc. (SOCOTECO II) under a 15-year deal.
SOCOTECO II’s franchise area covers the municipalities of Glan, Malapatan, Alabel, Makungon, Kiamba, Maasim and Maitum in Sarangani; the municipalities of Polomolok and Tupi in South Cotabato; as well as General Santos City.
In the same statement, Peakpower Chairman Walter Brown said that the commercial launch of the project was very timely.
“It is the cooperative spirit of the people of General Santos and the stakeholders of Peakpower that facilitated the completion of this project,” Mr. Brown said.
The generating capacity coming from the power plant is seen sparing SOCOTECO II from power interruptions due to supply deficiencies. -- Claire-Ann Marie C. Feliciano source
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