Wednesday, August 3, 2016

DMCI pursues more traditional, RE power projects



By Danessa Rivera (The Philippine Star) | Updated August 1, 2016 - 12:00am

MANILA, Philippines - DMCI Power Corp., a subsidiary of Consunji-led DMCI Holdings Inc., is pursuing more traditional and renewable energy power projects in off-grid areas in Southern Luzon and Mindanao.
In an interview, DMCI Power president Nestor Dadivas said the company has received a number of invitations to build small power plants in Masbate, Palawan, Mindoro, Marinduque, Basilan and Agusan.
The company has a contractual obligation in Masbate for a 15-megawatt (MW) circulating fluidized bed (CFB) coal plant since 2009.
Dadivas said the firm sought the help of the local government of Masbate to help in the right of way issues for the National Power Corp.’s 69-kilovolt (kv) transmission line, which is necessary to build the 15-MW power project.
 “We already have the site but we cannot close an EPC (engineering, procurement and construction) contract, funding with banks because the 69-kV line is not up,” he said.
The company has also a contractual obligation to Palawan for a 2x15-MW CFB coal power plant and a back up of diesel engine, Dadivas said, noting this would help meet the double-digit growth in power demand in the island.
DMCI Power is also in talks with the Mindoro LGU for a power supply from the group’s power plant in Semirara Island.
 “We’ve built one CFB plant in Semirara and we’re in talks with the local government of Mindoro to transport electricity through submarine cable to Mindoro,” Dadivas said. “But (the question is) how much support we’ll get from the national government.”
The company official said the project would be pursued if the electric cooperatives in Mindoro would issue them a power supply agreement. Mindoro ECs have existing contracts with geothermal and wind projects that have yet to deliver their capacities, Dadivas said.
More recently, the company has received new invitations to build up to 10 MW of capacity in Marinduque and below five MW capacity in Basilan. “We’ll go through the process of finding out what they have,” Dadivas said.
In terms of renewable energy, Dadivas said they were invited by a company to be an EPC contractor or a strategic partner for a biomass power plant it is planning to build in Agusan.
“There is a company who wants to put up biomass power plant in Agusan, with woodchips as feedstock. It already has concession agreements with neighboring farmers,” he said.
“We went through evaluation process but we found it too expensive, he is trying to look for other sources of equipment in the region. If he finds a way to bring down the cost, we will evaluate it,” Dadivas said.

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