02:17 PM January 12th, 2016
Delta P, Palawan’s biggest
independent power producer, has bagged a new power contract to supply an
additional 26.6 megawatts of electricity in the island province.
The firm was awarded the 15-year
power supply contract after successfully passing the Competitive Selection
Process and Swiss Challenge conducted by the Bids and Awards Committee of
the Palawan Electric Cooperative (Paleco).
Paleco chairman Atty. Raymund Acosta
issued the Notice of Award to Delta P. He said the additional capacity
will address the current power shortage being experienced in Palawan.
The 26.6 megawatt power project is
expected to be completed by the third quarter of this year at an estimated
cost of P1.6 billion. Gigawatt Power Inc. (GPI), a major shareholder of
Delta P, will supply the brand new bunker-fueled engines. These will be shipped
to Palawan from their current storage area in Bauang, La Union.
Delta P is one of three independent
power producers in Palawan. It operates a 16-MW bunker-fired power plant
comprising four (4) units of 4-MW generator sets. However, growing
consumer demand has led to a serious power
shortage in the province.
shortage in the province.
“We will strive to provide our best
service to Paleco and its customers and help solve the perennial
blackouts. Consumers have suffered long enough,” Delta P said in a
statement.
Paleco General Manager Ric Zambales
said that with Delta P’s new project, Palawan will have sufficient generating
capacity to meet increased demand in the next five years.
The Delta P plant is also expected
to add stability, reliability and flexibility to the grid and complement
other independent power producers. “We will have sufficient supply of
power for the next five years with the addition of 26.6 megawatts,” he
said.
In a pre-bid conference held
September last year, two companies manifested interest during the pre-bid
conference but did not appear during the formal opening and evaluation of
comparative proposals. Thus, the BAC decided to award the project to Delta
P, the original proponent of the proposed project.
Established in 1997, Delta P is
50-50 owned by GPI and Vivant Energy Corp., a wholly-owned subsidiary of
listed Vivant Corporation.
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