by Lenie Lectura – March 28, 2016
from Business Mirror
THE first 135-megawatt (MW) coal-power plant of Palm Concepcion Power Corp. (PCPC) in Concepcion, Iloilo, would be synchronized with the Visayas grid by end of next month.
This, after the power producer reported that the Concepcion-Barotac 138-kiloVolt (kV) transmission line, including the new Concepcion 138-kV GIS Substation and the expansion of Barotac Viejo Substation constructed by PCPC, are now energized.
By the last week of April, the power plant will be delivering power supply to its customers in Panay, Negros, and the rest of the Visayas. Synchronization will be done in coordination with the National Grid Corp. of the Philippines (NGCP).
“The immediate completion of the associated transmission facilities can be attributed to the hard work of the whole Transmission Line team of PCPC, and the dedicated effort and full support that NGCP extended to us,” said Roel Z. Castro, PCPC president and CEO. Castro said another factor that contributed to the fast completion of the transmission lines is the early settlement of the transmission line right-of-way.
“We made sure that all those affected by the construction of the transmission facilities were compensated accordingly, and that all documentary requirements are in place for the proper turnover of these transmission assets to NGCP,” he said. The company is scheduled to have its reliability tests run in the next couple of months. Once this is completed, the first unit of the 2 X 135-MW plant will be up for full commercial operations.
“The schedule of the commercial operations is just right on track, as what we have committed to our customers,” said Winifredo Pangilinan, PCPC SVP for Project Development Group. Ten distribution utilities and electric cooperatives have signed up with PCPC for their baseload power-capacity requirements.
PCPC is a joint venture of Palm Thermal Consolidated Holdings Corp. and Jin Navitas Resource Inc.
Palm Thermal is a subsidiary of A Brown Co. Inc. (ABCI), a listed company primarily engaged in real estate and agribusiness, and has ventured into the utilities and energy industry in recent years.
ABCI’s other subsidiaries are Hydrolink, which recently signed a hydropower-service contract with the Department of Energy; and Peakpower Energy Inc. , owner of bunker-fired power plants in Mindanao for the peaking power-supply requirements in the area.