MANILA – The power shortage in Mindanao is expected to ease up with the return of STEAG State Power Inc.’s (SPI) coal-fired power plant at full capacity, located in Misamis Oriental, which has a capacity of 210 megawatts (MW).
“With the full operation of SPI’s power plant, we anticipate improvements in the power supply condition of Mindanao and ease-up power shortages in some parts of the island,” SPI president and chief executive officer Dr. Bodo Goerlich said in a statement Tuesday.
SPI Power Plant manager Dr. Carsten Evers noted the second unit, which has a capacity of 105 MW, was synchronized to the Mindanao grid at around 1:00 p.m., Tuesday, five days ahead of schedule. It was offline since July 18 due to a scheduled preventive maintenance shutdown.
Electric Power Industry Management Bureau (EPIMB) director III Irma Exconde told reporters Tuesday in a chance interview that Therma South Inc. will start its commercial operations by September.
”By the last quarter of 2015, expect new capacities to come in Mindanao. Therma South will start commercial operations by September,” she said.
Exconde added 200 MW San Miguel Consolidated Power Corporation (SMCPC) and 300 MW Sarangani Energy Corp. (SEC) will also start supplying power to the Mindanao grid by 2016.
She also noted Mindanao needs some coal-fired power plants to stabilize power supply, to alleviate the current situation with its huge dependence on hydro power plants.
German-firm STEAG holds 51 percent of SPI, Aboitiz Power Corporation has a 34 percent stake and the remaining 15 percent stake is owned by La Philippina Uygongco Corporation. (PNA) CTB/JLD
Its #GlobeREADY program is in preparation for the upcoming metro-wide earthquake drill Globe Telecom continues to strengthen its #GlobeREADY campaign. The company will join the Metro Manila Metrowide Shake Drill this month, in line with its effort to fortify awareness of business continuity...