Manila Standard Today
by Alena Mae S. Flores
MAASIM, Sarangani—Alsons Consolidated Resources Inc. of the Alcantara Group is expanding its power business into Saipan and Guam in the next three years, a company official said here over the weekend.
Joseph Nocos, vice president of unit Conal Holdings Corp., said Alsons Consolidated would join a power bidding in Saipan next month. Saipan is seeking proposals to supply about 40 megawatts to 50 MW of power in the island.
“They are bidding out concessions for generation, distribution and transmission, around 40 MW to 50 MW of diesel generating capacity. Power is already needed there now,” Nocos said.
He said Saipan was seeking investors for its power requirements in the hopes of “bringing down costs, improve service and relieve government of financal burden.”
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