By
Lenie Lectura- March 29, 2019
LISTED firm Vivant
Corp. has committed to improve and expand power projects in Palawan in a bid to
ensure adequate power supply to serve the island’s needs.
“Ultimately, combined
with the upcoming system improvements covered by the ERC-approved
capital-expenditure [capex] program of Palawan Electric Cooperative Inc.
[Paleco] and Delta P Inc. and Calamian Islands Power Corp.’s proven track
records of service the three catalysts are poised to help alleviate Palawan’s
power-supply problems for good,” DPI and CIPC President Walden H. Tantuico
said.
CIPC is a joint venture
of Vivant Corp.’s wholly owned subsidiary, Vivant Energy Corp. (VEC) and
Gigawatt Power Inc. (GPI).
DPI, meanwhile, is a
50-50 venture between VEC and GPI. DPI owns and operates a 16-megawatt (MW)
diesel-fired power plant in Palawan and has a power-supply contract with
Paleco.
Tantuico did not give
details on the expansion plan but said that “with DPI and CIPC as noteworthy
examples of the synergy of an effective joint venture, Palaweños might be
relieved to know that Vivant-GPI has plans for expansion in their home
province.”
The momentum of Palawan
developing into a mature world-class tourist destination has been hampered by
the lack of reliable power supply. In an effort to find solutions, the Senate
summoned Paleco two years ago to explore options.
Recently, the Energy
Regulatory Commission (ERC) approved Paleco’s capex program. Once
implemented, this program will certainly help improve Paleco’s ability to serve
the needs of its member-consumers.
Complementing this are
the joint-venture projects of Vivant and GPI, whose operations have been
providing Palawan with reliable power supply for nearly a decade.
“Not known to many
Palaweños, throughout the past decade, DPI has been going above and beyond its
contractual obligations to Paleco, thereby providing the extra-mile service to
countless communities,” Tantuico said.
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