Aboitiz Power to expand output in 2011

Subscribe Now December 30, 2010 at 03:18pm

Listed Aboitiz Power Corp. said Wednesday it will focus on three power projects next year to raise its output by over 400 megawatts.

Luis Miguel Aboitiz, Aboitiz Power senior vice president, told reporters the company was pursuing a coal-fired power plant each in Davao City and Subic and the rehabilitation of the Ambuklao hydro-electric plant in 2011. Aboitiz Power earlier announced plans to put up a 150-MW coal-fired power plant in Davao using clean coal technology.

“We’re doing site investigation for the Davao coal plant,” he said.

The Davao coal project is one of the company’s projects in the pipeline for Mindanao.

Aboitiz Power and its partners in STEAG State Power Inc., operator of a 232-MW coal plant at the Phividec Industrial Estate in Villanueva, Misamis Oriental, have said that they would build a third unit near the facility to increase output by 150 MW.

Aboitiz said the company was also “choosing the engineering, procurement and construction contractor and equipment supplier” for the Subic coal plant.

Aboitiz Power, through Redondo Peninsula Energy Inc., a joint venture with Taiwan Cogeneration International Corp., will put up a 300-MW coal plant at the Subic Freeport. Aboitiz Power plans to commission the Subic plant by the middle of 2013.

Source: manilastandardtoday.com



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