By | Nov. 28, 2013 at 12:01am
PALAYAN CITY, Nueva Ecija—A consortium of South Korean and Filipino companies has announced plans to put up a biomass power plant in Nueva Ecija and be part of a renewable energy boom in the country, a top provincial official said.
Gov. Aurelio Umali said three South Korean companies and their Philippine partner, Phil-Bio Agri-Industry Corp, have submitted to the province a letter of intent to undertake feasibility studies for biomas power plant.
“The plant will use such materials as rice hull, rice straw, corn cobs, corn stovers, bagasse and coconut tree as fuel,” Umali said.
The Korean firms include the Hankook B&P Systems, Plant Engineering Co, and Kepco Engineering and Construction Co. Hankook is a known leader in the field of power generation boilers.
The project was expected to generate at least 1,600 jobs. The site of the project will be determined in the feasibility study.
Umali said the province welcomed the proposal because “it would redound to additional income, employment and enhanced power supply to our local communities.”
“We are definitely excited about this project and its many possibilities and look forward to working with you,” he said in his response to the Koreans.
Umali said South Korea is the fifth largest trading partner of the Philippines and the two countries have good relationship for the past six decades.
“More importantly, it is in the area of people to people exchanges that our relations with Korea is most felt,” Umali said. “The Philippines serve as home to around 100,000 South Koreans, while Korea hosts more than 40,000 Filipinos.”
Provincial Administrator Alejandro Abesamis said the feasibility study will take between three to four months and the power plant will be built within three years. source
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