By Alena Mae S. Flores | Posted on July 19, 2012 | 12:02am
DMCI Power Corp., the power unit of Consunji Group’s DMCI Holdings Inc., announced Wednesday it won the bid to supply 25 megawatts of power to Palawan Electric Co., a development that may put an end to brownouts in the area.
DMCI Power said it offered the lowest bid of P9.38 per kilowatt-hour in terms of generation cost to bag the contract.
DMCI Power president Nestor Dadivas said after winning the bid, the company would start construction of a 27-MW diesel power plant which would be completed by September next year in time for the start of its supply contract.
Dadivas said the company would also begin preparations for the construction of a 15-megawatt coal plant which was expected to be operational by October 2014.
“We will also make preparations for 15-MW coal plant, but as demand grows, depending on their [Paleco] forecast, we may increase by another 15 MW,” he said.
Dadivas declined to say the cost of the plant’s construction.
Puerto Princesa, the capital of Palawan, experienced recent brownouts due to lack of power generation capacity due to Paleco’s failure to choose a power supplier.
The brownouts affected the capability of the city to host thousands of tourists arriving to visit the Puerto Princesa Underground River, which was recently acknowledged as one of the world’s new natural wonders.
Paleco as early as April last year initiated bidding for its third power provider in anticipation of the expiration in October 2013 of the Napocor-Paleco interim supply agreement for 10 MW to 45 MW of energy. source
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