Published
May 31, 2019, 10:00 PM By
James A. Loyola
Off-grid energy player
DMCI Power Corporation (DPC) reported a double-digit sales growth in the first
quarter of 2019, with total volume sold reaching 76GWh from 63GWh during the
same period last year.
The firm said the 20
percent increase was driven by the strong take-up of Oriental Mindoro Electric
Cooperative (ORMECO), Palawan Electric Cooperative (PALECO) and Masbate
Electric Cooperative (MASELCO).
Energy sales to ORMECO
surged 39 percent from 11.39GWh to 15.87GWh mainly due to the rehabilitated
69kV transmission line from Calapan to Puerto Galera.
“The National Power
Corporation completed the rehabilitation of the transmission line in May last
year. Since then, we have been able to maximize the generation capacity of our
power plant,” said DMCI Power president Nestor D. Dadivas.
Dispatch to PALECO rose
19 percent from 27.83GWh to 33.21GWh as tourist arrivals continued to boost
energy consumption in the area.
According to the
Provincial Tourism Office, Palawan tourist arrivals from January to March
soared 20 percent to 1.165 million.
Meanwhile, strong
economic activities in Masbate led to a 12 percent jump in dispatch to MASELCO
from 26.64GWh from 23.76GWh.
“We are confident that sales volume to our
offtakers will continue to grow in the ensuing months of 2019,” Dadivas added.
DPC was established in
2006 by diversified engineering conglomerate DMCI Holdings to provide
sufficient and reliable electricity to area
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