One Mindanao - May 23, 2013

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of construction with site grading, excavation and levelling currently ongoing in preparation for setting up the plant’s structural framework later this year. On the other hand, the SRPI facility in Zamboanga is in the last stages of securing an approval from the Energy Regulatory Commission (ERC) of its Power Sales Agreement (PSA) with the Zamboanga City Electric Cooperative, Inc. (ZAMCELCO). “The SRPI plant’s contractor is expected to receive a notice to proceed with the engineering and construction process before the end of 2013. Both

Thursday, May 23, 2013

the SEC and SRPI plants have signed power sales agreements with key distribution utilities in Mindanao,” ACR said in a disclosure. The 282 MW is on top of the current capacity of 181 MW from the MPC plant, the Southern Philippines Power Corp. (SPPC) plant in Alabel, Sarangani and the Western Mindanao Power Corp. plant in Zamboanga City. “The resulting aggregate electrical capacity to be generated by Alsons Power in 2016 will be 463 MW –more than one-fourth of the Department of Energy’s projected 2016 Mindanao peak power demand of 1,829 MW,” it said.

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