AN OFFICIAL from the Global Business Power Corp. (GBPC) said the company is positive to breach beyond 1,000 megawatts (MW) power in the Visayas Grid by 2018 following the construction of another power plant in Iloilo City.
GBCP Executive Vice President Jaime Azurin said Wednesday in the city’s media fellowship that GBCP, the main firm of two energy generation plants in Iloilo City, is building another coal-fired power plant in Iloilo City with 150 MW slated for commissioning by 2016.
The P15 to P16-billion worth second coal fired power plant will supply enough power supply particularly in Western Visayas and the whole grid, Azurin said.
GBCP is the owner of the Philippine Energy Development Corp. (PEDC), the first coal-fired plant in the city with 164 MW and the Panay Power Corp. (PPC) diesel power plant with 72 MW.
The GBCP is also rehabilitating and upgrading the 35-year-old first coal-fired power plant in the Visayas in Toledo, Cebu with 150 MW. The area is set to shutdown until March 2015.
GBPC is also slated to put up the first big biomass power plant in La Carlota City, Negros Occidental using bagasse by-product of the sugar industry in Negros Island.
The renewable energy project is a commitment of GBPC in launching the renewable energy development in partnership with La Carlota sugar milling corporation.
Azurin also assured development of new programs and projects to compliment with the environment and building clean and livable communities.