Radio Philippines Network (RPN)
BusinessMirror News

Pampanga power co-op inks supply accord with Vivant-led consortium

PAMPANGA II Electric Cooperative (Pelco II) and La Pampanga Energy Corporation (LPEC) have signed a 15-year power supply agreement (PSA) that would provide a stable and secure power supply in the former’s franchise area.

LPEC—a consortium of Vivant Energy, its wholly owned subsidiary Amberdust Holding Corporation (AHC), and Gigawatt Power Inc.— will construct and operate a power generation facility with a total dependable capacity of 15 megawatts (MW) peaking power supply with ancillary service capability.

The 3 x 5.76-MW diesel-fueled power plant of LPEC will be constructed in Porac, Pampanga and will maintain grid stability and security in the franchise area of Pelco II.

The power project will be able to address the peaking power supply requirements of Pelco II. Also, it will provide stable, reliable and quality power to its coverage area even during peak hours.

“We look forward to becoming part of the recovery and growth of the Province of Pampanga by providing stable and reliable power to Pelco 2,” said Vivant Energy Corporation EVP and COO Emil Andre M. Garcia. “As we expand our power generation portfolio, we remain committed to provide adaptable and forward-looking solutions, not just to the electric cooperatives that are our customers, but also with the communities they serve. To fulfill that commitment, we choose partners who share our core values.”

Vivant Energy and Gigawatt Power are partners in providing stable and reliable power in Puerto Princesa, Culion and Busuanga in Palawan and are currently constructing a 23-MW power plant in Bantayan Island, Cebu.

Read full article on BusinessMirror

Related posts

Govt OKs inoculation of elderly, Pinoys with co-morbidity as Covid cases spike

BusinessMirror

Groups reject passage of Senate’s WTE bill

BusinessMirror

Lockdowns to dent DBCC growth target

BusinessMirror

Evergrande tycoon Hui loses $20 billion as investors revolt

China’s biggest political meeting unveils long-term policy initiatives

BusinessMirror

PNP, PDEA chiefs’ Covid infection prompts reset of Senate hearing on shootout

BusinessMirror

DOF for easing tariffs, NTBS on inflation worry

BusinessMirror