By:
Ronnel W. Domingo - 05:12 AM February 20, 2019
Sarangani Energy Corp.,
a part of the Alsons group, is eyeing expansion into power outage-prone areas
of Mindanao following the completion of the commissioning of its second 105-MW
coal-fired power plant.
In a statement, the
company said it was looking into opportunities in the provinces of Davao del
Sur, Misamis Oriental, North Cotabato, Zamboanga del Norte and Zamboanga del
Sur.
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Sarangani Energy is particularly keen on serving the cities of Cagayan de Oro,
Dapitan, Digos, Dipolog, Koronadal, Kidapawan and Pagadian and other areas in
South Cotabato that are not yet reached by the first 105-MW unit of its
facility in Maasim town, which started commercial operations in 2017.
With the second unit
online and the power facility’s capacity doubled to 210 MW, the company said it
would now be able to provide electricity to at least six million people in
Mindanao.
Saragani Energy “is
credited to have provided the much needed boost to Maasim’s local economy,
bringing the once third-class municipality up to its current first-class
status,” it said.
“Aside from the coal-fired
plant, Alsons is also investing $650 million in renewable energy in the next
six years starting with a 15-MW run-of-river hydro project in Siguil River also
located in Maasim, Sarangani,” it added.
The P4.25-billion
Siguil hydro plant is scheduled to begin commercial operations in 2021.
Another project in the
pipeline is San Ramon Power Inc.’s 105-MW baseload coal-fired power plant in
Zamboanga City, which is targeting commercial operations in 2022.
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