Sunstar Iloilo
ILOILO City will again face power problem in two to three years with the influx of investors and business locators, a businessman said.
Rex Drilon of Ortigas Co. said the unprecedented economic growth of the city could mean power problem, given insufficient power supply in the city.
This calls for an additional power supply, Drilon, who also serves as vice chairman of Iloilo Economic Development Foundation Inc. (ILEDF), said.
Drilon was in Iloilo over the weekend to participate in the 4th annual general assembly of the association composed of Ilonggo business leaders based in Metro Manila.
The current power problem of the city was solved with the recent opening of the 164-megawatt coal-fired power plant at Ingore, La Paz, Iloilo City.
The power supply was then divided to power suppliers in Panay Island, particularly in the city and province of Iloilo through power purchase agreements.
However, the coal-fired power supply of Panay Energy Development Corp. (PEDC) and its sister diesel company Global Business Power Corp are not enough to feed the needs of big corporations to come this year, Drilon said.
He added there is a need for a private sector to come in and invest on base load power plants notwithstanding the emergence of several alternative power sources from biomass, wind, solar and water. (Lydia C. Pendon)
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