Business World Online
Posted on March 13, 2015 06:44:00 PM
MINDANAO’s power supply situation is expected to stabilize following the return to service of a 105-megawatt (MW) coal-fired power plant unit.
STEAG State Power, Inc. (SPI) said in a statement on Friday that it completed the maintenance works on the unit ahead of its self-imposed March 16 deadline.
The unit one went offline starting Feb. 21 and was restored to operational status on Thursday.
The second 105-MW unit also went on preventive maintenance between Feb. 19 and March 2.
The entire power plant -- located in Misamis Oriental -- supplies more than a fifth of Mindanao’ power needs.
SPI President and Chief Executive Officer Bodo Goerlich said that with the preventive maintenance completed and the two units now at full capacity, he is optimistic Mindanao’s power supply will “improve.”
”We are confident that with our units now back on line, Mindanao is more prepared to meet its electric supply needs especially during the summer months where demand usually is at its peak,” he said.
Data from the National Grid Corporation of the Philippines showed that Mindanao on Friday had 58 MW in reserve as the system capacity of 1,429 MW exceeded the 1,371 MW peak demand.
SPI said that since starting operations in November 2006, the plant has delivered more than 11.5 billion kilowatt-hours of electricity.
SPI is principally owned by the German firm Steag GmbH. Its local partners are Aboitiz Power Corp. and La Filipina Uygongco Corp. -- Claire-Ann Marie C. Feliciano source
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