By Iris Gonzales (The
Philippine Star) | Updated August 18, 2016 - 12:00am
MANILA, Philippines – DMCI Power
Corp. is building a 2 x4.95 megawatt bunker-fired power plant in Aborlan,
Palawan to stabilize electricity supply in the area which is under the
franchise of Palawan Electric Cooperative Inc. (Paleco).
DMCI Power president Nestor Dadivas
said the plant is expected to commence operations by yearend.
“We are investing
approximately P600 million in Aborlan to address the continuing increase in
electricity demand in the province due to the rise of local tourism and
commercial establishments,” he said.
Aborlan is a first class
municipality located 69 kilometers south of Puerto Princesa City, with an
estimated population of over 32,000.
The new plant comes at a time when
only 5,400 of the 7,263 households in the municipality have electricity
connections as of the end of June this year.
Established in 2006, DMCI Power
provides sufficient and reliable electricity to areas that are not connected to
the main transmission grid.
The company also provides power to
Masbate, Calapan, Oriental Mindoro and Sultan Kudarat through supply contracts
with electric cooperatives.
To date, DMCI Power has a total
contracted capacity of about 56 MW.
The company has also been expanding
its energy portfolio through renewable energy projects.
Renewable energy are hydropower,
solar, biomass, wind and geothermal.
DMCI Power is looking at identifying
possible areas for its planned hydropower and biomass facilities.
Government incentives as well as
prevailing market conditions that make it conducive for renewable energy
investments are among the reasons that convinced the company to expand into
renewable energy.
It was in 2014 when DMCI Power
commissioned its 15 megawatt-diesel plant in Mindoro as well as the dieselpower
requirements of the National Power Corp., for El Nido in Palawan.
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