Monday, December 12, 2016

DMCI Power spending P900 M for Palawan power plant



By Danessa Rivera (The Philippine Star) | Updated November 16, 2016 - 12:00am

MANILA, Philippines – Off-grid energy producer DMCI Power Corp. (DPC) is investing nearly P1 billion to build a 3x6.3 megawatt (MW) bunker-fired power plant in Irawan, Puerto Princesa City to provide stable electricity supply in the area.
In a statement yesterday, DPC said it would spend around P900 million to complete the facility, which is targeted to commercially operate by the last quarter of 2017.
The power project is being constructed at the request of the Palawan Electric Cooperative (Paleco).
In a board resolution dated Aug. 6, Paleco requested DPC to replace its existing hi-speed diesel generator sets to a more reliable bunker-fired plant to assist in alleviating the power interruptions in the main grid of Palawan.
The power firm recommended the installation of the generating sets in Puerto Princesa City, which serves as Paleco’s load center.
“We believe this is a good investment because of the benefits it will bring to the people of Palawan,” DPC president Nestor Dadivas said.
“With a more stable power supply, Paleco can support more businesses and economic activity in the area,” he said.
Constructing the new plant on the said location will expectedly lessen transmission line constraints in the delivery of power.
“We are committed to addressing the energy needs of Paleco and will do everything we can to provide them with sufficient, reliable electricity,” Dadivas said.
At present, DPC operates diesel and bunker power plants in Masbate, Palawan and Oriental Mindoro.

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