Masbate, Palawan will have a new 27 MW power plant
Between 2022 and 2023, DMCI Electricity Corp. (DPC) would spend PHP3.5 billion to provide at least 27 megawatts (MW) of power to the off-grid market in Masbate and Palawan.
DPC said in a statement on Monday that it will invest PHP2.7 billion to build a 15 MW thermal power plant in Narra, Palawan.
A hybrid diesel-solar power plant in Cataingan, Masbate, will cost about PHP800 million and have a capacity of 12 MW, with 4 MW coming from solar energy.
“These expenditures are in response to the government’s commitment to expediting the research, development, and use of renewable energy and indigenous fuel resources, reducing our reliance on imported petroleum,” said DPC chief operating officer Antonino Gatdula, Jr.
By the first quarter of 2022, the Masbate plant will be operational, and the Palawan thermal plant will be operational by the second quarter of 2023.
The Palawan and Masbate power plants would boost the company’s installed capacity in missionary regions from 136.42 MW to 163.72 MW once they are operating, according to DPC.
In 2006, an off-grid energy provider was created to provide electricity to regions that were not linked to the main transmission system.
Electric cooperatives in Masbate, Palawan, and Oriental Mindoro are served by it.
Save/Share this story with QR CODE
Disclaimer
This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.
📩 Need to get in touch?
📩 Feel free to Contact NextGenDay.com for comments, suggestions, reviews, or anything else.
We appreciate your reading. 😊Simple Ways To Say Thanks & Support Us:
1.) ❤️GIVE A TIP. Send a small donation thru Paypal😊❤️
Your DONATION will be used to fund and maintain NEXTGENDAY.com
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
3.) 🛒 BUY or SIGN UP to our AFFILIATE PARTNERS.
4.) 👍 Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).
AFFILIATE PARTNERS
World Class Nutritional Supplements - Buy Highest Quality Products, Purest Most Healthy Ingredients, Direct to your Door! Up to 90% OFF.
Join LiveGood Today - A company created to satisfy the world's most demanding leaders and entrepreneurs, with the best compensation plan today.