January 15, 2013 – New Iloilo power plant breaks ground
The first state-of-the-art clean coal power plant of triumvirate AC Energy Holdings, Corp. (Ayala Corp.), Palm Thermal Consolidated Holdings Corp. (A. Brown Company Inc.) and Jin Navitas Resource, Inc. was formally launched on Tuesday, January 15, 2013, in simple groundbreaking rites at the 30-hectare project site in Barangay Nipa, Concepcion, Iloilo.
Iloilo Gov. Arthur Defensor, Sr., House Deputy Speaker Erin Tañada and Concepcion Mayor Milliard Villanueva led the groundbreaking ceremony. They were joined by Dr. Walter Brown, chairman of Palm Concepcion Power Corporation (PCPC), directors Eric Francia and Jack Ng, and other key political and business personalities.
“The power plant will use the circulating fluidized bed combustion (CFBC) technology which is one of the most advanced and most fuel-efficient plant in the Visayas. It will use the latest Alstom Technology (Europe) for its steam turbine and generator,” PCPC President and CEO Roel Z. Castro said.
He said the power plant’s capacity is good for 2x135MW and the target commercial dispatch for the first unit of 135MW is set on the last quarter of 2015. He also disclosed that SNC-Lavalin, a leading Canadian-American company, was appointed as the project owner’s engineer and project manager.
Meanwhile, NLSC – the consortium of First Northeast Electric Power Engineering Corp. of China (NEPC), Liaoning Electric Power Survey & Design Institute and Shenyang Electric Power Design Institute Co., Ltd. – is the project’s preferred engineering, procurement and construction (EPC) contractor. NLSC has over 100 years of combined EPC work experience for thermal power plants. Aside from China, the group has constructed and managed international projects in Asia, South America and Europe.
Gov. Defensor welcomed the new Concepcion plant, emphasizing its importance in the anticipated growth and development in key areas of the province, particularly Iloilo City. Tañada also highlighted the benefits of the Concepcion Plant to the people of the Visayas who will enjoy more stable power supply and a more environment-friendly source of power.
Dr. Brown, on the other hand, pointed out the timely entry of the new Concepcion Plant since the DOE identified 2015 to 2016 as a critical period wherein additional capacities will be needed in the Visayas.
The project has received full support from local business leaders, and provincial, municipal and barangay officials since the new Concepcion plant will help the region achieve its development growth targets. These sectors recognize that the new power plant will provide security and reliability of power supply to sustain the growth of the province and offer competitive rates to bring down the total blended cost of electricity which will be beneficial to the business sector as it can drive down the cost of doing business in the area.
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