Iris Gonzales (The Philippine Star)
- August 24, 2018 - 12:00am
MANILA, Philippines — DMCI Power
Corp., the power arm of engineering conglomerate DMCI Holdings, posted record
sales in the first semester on the back of strong electricity demand in the
provinces of Palawan, Mindoro, and Masbate.
For the second quarter alone, DMCI
Power generated consolidated sales of 79.93 gigawatt-hours, up 20 percent from
66.57 GWh in the same period last year.
The strong second quarter
performance brought first half sales volume to 142.91 GWh opr an increase of 19
percent year on year.
Palawan accounted for 43 percent
or the bulk of total sales followed by Masbate with 37 percent and
Mindoro with 20 percent.
Power sales to Palawan Electric
Cooperative grew 30 percent to 61.57 GWh, while energy volume sold to Oriental
Mindoro Electric Cooperative (ORMECO) rose 13 percent to 28.24 GWh.
Energy sales to Masbate Electric
Cooperative (MASELCO) went up nearly 11 percent to 53.10 GWh.
DMCI Power president Nestor Dadivas
said Palawan’s booming tourism industry and the expanding commercial businesses
in Masbate pushed demand in the two provinces.
Mindoro’s rehabilitated 69Kv
transmission lines in the north grid, meanwhile, allowed DPC to maximize its
plant capacities and deliver more electricity.
“The dramatic growth was principally
due to the National Power Corp., local government units and electric
cooperatives, and their collective effort to address line issues in the
missionary areas,” Dadivas said.
“With their continued rehabilitation
of distribution lines, improvement of transmission lines and prioritization of
new interconnection facilities, DPC can supply more electricity to more
communities in the next 12 to 48 months,” he added.
DMCI Power continues to implement a
lower provisional tariff for its Aborlan power plant because its motion for
recomputation is still under review with the Energy Regulatory Commission
(ERC).
The company was established in 2006
to provide sufficient and reliable electricity to areas that are not connected
to the main transmission grid.
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