Consunji to boost Batangas power capacity? to 1,000MW this year
The Consunji Group’s DMCI Power Corp. is building a 46-megawatt diesel-fired power plant in Calaca, Batangas for P1.5 billion.
The plant is set to be completed by year-end.
Data from the Department of Energy showed the company received a clearance in October 2015 to conduct the grid impact study for the aero-derivative power plant.
Power generators apply for a grid impact study to determine its impact on ?the transmission network of National Grid Corporation of the Philippines.
The Consunji Group, through Semirara Mining and Power Corp., also owns the existing 600-MW Calaca coal-fired power plant in Batangas.
It is set to complete the?300-MW Calaca coal plant expansion this year.
DMCI Power, a unit of DMCI Holdings Inc., has been expanding its power generation portfolio.
Through an agreement with Palawan Electric Cooperative and agreed upon by the local government through a resolution, it is scheduled to construct a new 5.7-MW diesel power plant in Brooke?s Point.
DMCI Power is also expanding its energy portfolio to include renewable energy such as hydro and biomass.
DMCI Power currently operates diesel and bunker power plants in Masbate, Palawan and Oriental Mindoro.
Another diesel plant with a capacity of 3 megawatts is set to operate in Sultan Kudarat by yearend.
The company is in the initial stage of identifying locations for the renewable energy projects.
The company cited market conditions and government incentives as the reasons for the planned foray into renewable energy.