Wednesday, March 23, 2016

Sarangani Energy sets EPC contract award in May

By Danessa Rivera (The Philippine Star) | Updated March 23, 2016 - 12:00am
http://www.philstar.com/business/2016/03/23/1565635/sarangani-energy-sets-epc-contract-award-may

MANILA, Philippines – Sarangani Energy Corp. (SEC), a unit of Alsons Power, will award the engineering procurement and construction (EPC) contract for the second 105-megawatt(MW) unit of its coal-fired power plant in Mindanao.

SEC said in a statement yesterday it received bids from two prospective EPC contractors for the 105-MW second section of the baseload coal -fired power plant in Maasim, Sarangani.

These two bidders are “global companies with extensive experience in providing turnkey EPC services for power generation projects in different countries,” Alsons Power vice president for business development Joseph C. Nocos said.

The firm said awarding of the EPC contract for SEC Section 2 will be in May to commence construction by the second half of 2016 and start operating in 2018.

SEC has completed the first 105-MW section of the power facility, which is currently undergoing testing.

SEC Section 1 will begin commercial operations by the end of the first quarter to ensure an ample supply of power during the May 2016 elections and beyond.

The firm said it will supply to more than three million residents from the provinces of Sarangani, Compostela Valley, Agusan del Norte, and Agusan del Sur; the cities of General Santos, Iligan, Bayugan, Butuan, Samal, and Tagum as well as key municipalities in Davao del Norte and South Cotabato.

Once it reaches its full 210-MW capacity in 2018, the plant will supply to more than six million people and will have an expanded coverage area including the entire province of South Cotabato and the provinces of Davao del Sur, Zamboanga del Norte and Zamboanga del Sur and key areas in Misamis Oriental and North Cotabato, as well as the cities of Cagayan de Oro, Dapitan, Digos, Dipolog, Koronadal, Kidapawan, and Pagadian.

The $570-million SEC power plant is the single largest investment in Sarangani province and the entire Region 12.

Aside from the SEC plant, Alsons Power is developing the 105-MW San Ramon Power Inc. coal-fired power plant in Zamboanga City with construction slated to commence on the second half of 2016 and commercial operations beginning in 2019.

It is also investing in renewables starting with the development of a 15-MW run-of-river hydroelectric power plant at Siguil River in Maasim, Sarangani.

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