Monday, July 24, 2017

First Balfour bags P1.7-B NGCP contract to build transmission facilities



Published June 15, 2017, 10:01 PM

The National Grid Corporation of the Philippines (NGCP) recently awarded to First Balfour, Inc. the contract to construct the P1.699-billion Hermosa-San Jose 500-kiloVolt transmission line project.
The contract, which is the first partnership between NGCP and First Balfour, calls for the construction of an additional network of transmission line towers in Bulacan, Pampanga and Bataan as part of NGCP’s Luzon 500kV Backbone.
NGCP is undertaking a number of new backbone projects to assure the long-term adequacy and reliability of connection between the NGCP grid and power plants that will go online in the future.
The First Balfour contract for the Hermosa-San Jose 500-kV transmission line project calls for the construction of 230 steel towers over an 83-kilometer stretch between the New Hermosa 500-kV substation in Hermosa, Bataan; and the San Jose substation in San Jose, Bulacan.
The Hermosa-San Jose project, which is targeted for completion within 18 months, aims to meet the transmission requirements of Metro Manila and Central Luzon.
First Balfour, a Lopez Group company, is one of the country’s leading contractors in the power and energy construction market, wherein it has built power plants, transmission lines, and substations around the country. Over the past 48 years, it likewise has played a role in building other infrastructures, such as roads, bridges, and expressways; along with hospitals, schools, and industrial facilities.
NGCP, a privately-owned corporation, is in charge of operating, maintaining, and developing the country’s electricity superhighway. NGCP envisions building the strongest power grid and maintaining the best power utility practice in Southeast Asia, with the collective efforts of a world-class professional work force. The NGCP consortium is comprised of Monte Oro Grid Resources Corp. led by Henry Sy Jr.; Calaca High Power Corporation led by Robert Coyiuto Jr.; and the State Grid Corporation of China as technical partner.

No comments:

Post a Comment