By Lenie Lectura – December 2, 2020
from Business Mirror
Vivant Energy Corp. (VEC) is putting up a diesel power plant in Pampanga to supply the requirements of Pampanga II Electric Cooperative (PELCO II).
VEC and partner Gigawatt Power Inc. (GPI) will construct a 3 x 5.76-megawatt (MW) diesel-fueled power plant under a Build-Operate-Own Program in Porac, Pampanga. VEC will own 50 percent equity in the embedded power plant project.
VEC and GPI earlier won in the Competitive Selection Process (CSP) for PELCO’s 15MW power supply contract.
After the competitive auction, PELCO II awarded a 15-year power supply contract to VEC and GPI.
“We welcome this opportunity to be a partner in the development of the seven local government units being served by PELCO II. Wherever we go, we’ve always been committed to the economic and social development of the communities we serve, and we will make the same commitment here,” said VEC Executive Vice President Emil Andre M. Garcia.
GPI and VEC, according to GPI President Walden Tantuico, assured PELCO II that the power project will be able to address its peaking power supply requirements. Also, it will provide stable, reliable and quality power to PELCO II’s coverage area even during peak hours.
“GPI and VEC have always been known for the service, commitment and reliability that our power plants provide in the distribution systems of electric cooperatives. We assure PELCO 2 and its member-consumers the same level of excellence,” said Tantuico.
PHILIPPINE POWER INSIGHTS 