By
Lenie Lectura - October 18, 2019
THE Manila Electric Co.
(Meralco) has completed its new power substation in New Clark City (NCC), but
electricity could not be delivered yet to due to interconnection issues.
“We have done our part
as New Clark city operator. Together with Marubeni, we are ready to
connect,” said Meralco PowerGen Corp. (MGen) President Rogelio Singson.
MGen is the power
generation arm of Meralco.
The Meralco Marubeni
Corp., comprised of Meralco, Marubeni Corp., Kansai Electric Power Co. Inc. and
Chubu Electric Power Co. Inc., signed a joint venture agreement with the Bases
Conversion and Development Authority (BCDA) to provide electricity
services in NCC.
“Our transformer
substation and the underground distribution line inside NCC are done.
Unfortunately, there is an interconnection requirement from our line to the
users which is called the last mile,” said Singson.
When asked to
elaborate, Singson said in a text message that the building owner has yet to
comply with this requirement based on the specifications provided by Shin Clark
Power Group “so they can be connected to the distribution lines.”
The 9,450-hectare NCC,
located within the Clark special economic zone that spans Angeles City in
Pampanga and the towns of Capas and Bamban in Tarlac, is the country’s first
smart, disaster-resilient and sustainable city.
The first phase of the
development covering 60 hectares features the National Government
Administrative Center that will house backup offices of various government
agencies and a world-class sports complex now being constructed in time for the
2019 Southeast Asian Games.
The new metropolis will
also have mixed-use residential, commercial, agro-industrial, educational
institutions and information-technology developments.
The consortium will put
up a special purpose company that will have equity stake equivalent to 90
percent in a joint venture company to be formed with the BCDA. The
JVC will then have to pursue and undertake the financing, design and
engineering, establishment, construction, development, and operation and
maintenance of the electric power distribution system in NCC.
Meralco, which has a
60-percent equity stake in the consortium, said the power substation was
recently energized. They submitted the lowest tariff bid of P0.6188 per
kilowatt-hour, besting the P0.9888/kwh proposal by the Aboitiz-Kepco Consortium
of the Olongapo Energy Corp. and Kepco Philippines Holdings Inc.
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