P13-B Sarangani power plant to start operations by 2015
MANILA, Philippines - The first phase of Alsons' P13-billion coal-fired power plant in Maasim, Sarangani is on track to start operations by 2015.
In a statement, Sarangani Energy Corp. (SEC), a subsidiary of the Alcantara-led Alsons Consolidated Resources, said the first 105-MW phase of the 210-MW plant in Maasim will be completed by September 2015.
Basic construction of the plant started in June 2012. Daelim Industrial, contractor for the plant, took over the construction last February 2013. Daelim and the SEC project team are currently preparing the power block area, which will contain the plant's core components.
Production of the plant's steam turbine generator is underway in Fuji Electric Co.'s factory in Kawasaki, Japan.
The plant is expected to help ease the power shortage in Mindanao. Various Mindanao power cooperatives have already booked the first phase's 105-MW capacity.
Phase 2 of the plant is expected to start operations by 2016.
Alsons Consolidated holds 75% equity in SEC, with the rest owned by Toyota Tsusho Corp. of Japan.