by Myrna Velasco September
9, 2016
The Energy Regulatory
Commission (ERC) has granted the emergency capital expenditures
(capex)petitioned for by the Clark Electric Distribution Corporation (CDEC) for
its Roxas substation project.
The capital outlay
application is for the relocation of the Diamante substation to the Roxas
district and the replacement of the old 25-megavolt ampere (MVA) 69
kilovolt-13.8kV power transformer – with the installation of a higher capacity
50MVA 69kV-13.8kV power transformer.
The project commands an
investment of P198.5 million and it is intended to be financed through the
utility firm’s internally generated cash.
The ERC in its ruling,
has noted that “the relocation is due primarily to the Clark International
Airport Corporation’s plan to construct an additional runway that involves the
dismantling of the existing Diamante substation.”
ERC Chairman Jose
Vicente B. Salazar said the approval of CEDC’s emergency capex will enable it
“to fulfill its mandate of providing reliable service connection to existing
and new consumers.”
He noted that the
expansion of infrastructure facilities must be underpinned by reliable
electricity service and that could only be attained with corresponding
investments of servicing power utilities.
The project already
commenced construction and is due for completion next year, according to the
power industry’s regulatory body.
“The approval of the
project considered that the existing substation is expected to be critically
loaded at 100 percent by 2020,” the ERC has expounded.
The regulatory body
further emphasized that “the opportunity to uprate the power transformer
together with the relocation is a wise strategic engineering practice and that
would prove advantageous to CEDC and its customers.”
The ERC noted that it
saw “the need to augment the transformers to enable CEDC to cater its existing
and upcoming loads and demands to be brought by the CIAC’s extension.”
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