posted February 03, 2016 at 11:25 pm by Alena
Mae S. Flores
DMCI Power Corp. of the Consunji
Group is putting up a 46-megawatt diesel-fired power plant in Calaca, Batangas
that is expected to be completed by the end of the year.
Energy Department records showed the
company received a clearance in October 2015 to conduct the grid impact study
for the aero-derivative power plant that is estimated to cost P1.5 billion.
Power generators apply for a grid
impact study to determine its impact on the transmission network of
National Grid Corporation of the Philippines.
DMCI Power chairman and chief
executive Isidro Consunji confirmed that the construction of the project had
started, when asked for comment.
“Actually, it’s diesel-fired [with]
aero derivative engine. Location is Calaca. It will be operational by the end
of this year,” Consunji said.
The Consunji Group, through Semirara
Mining and Power Corp., also owns the existing 600-MW Calaca coal-fired power
plant in Batangas.
The company is set to complete the
300-MW Calaca coal plant expansion this year.
DMCI Power, a subsidiary of DMCI
Holdings Inc., has been expanding its power generation portfolio.
DMCI Power, through an agreement
with Palawan Electric Cooperative and agreed upon by the local government
through a resolution, is scheduled to construct a new 5.7-MW diesel power plant
in Brooke’s Point.
DMCI Power is also expanding its
energy portfolio to include renewable energy such as hydro and biomass.
“We are closely studying hydropower
and biomass because we think they have the strongest potential in terms of
output reliability and commercial viability among the available RE
technologies,” DMCI Power president Nestor Dadivas said earlier.
DMCI Power currently operates diesel
and bunker power plants in Masbate, Palawan and Oriental Mindoro.
Another diesel plant with a capacity
of 3 megawatts is set to operate in Sultan Kudarat by year-end.
The company is in the initial stage
of identifying locations for the renewable energy projects.
“Right now, we have identified one
or two areas. But the locations could still change depending on the results of
our feasibility studies,” Dadivas said.
The company cited market conditions
and government incentives as the reasons for the planned foray into renewable
energy.
“Having priority dispatch,
government support and a competitive price at a growing but highly competitive
power industry makes these RE projects more attractive” Dadivas said.
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