SRPI focuses on short, medium term power for Zambo City PDF Print E-mail
Tuesday, 22 September 2015 11:30

The San Ramon Power Incorporated (SRPI) is currently focusing on the short term and medium term power supply which includes the modular genset and to contract power with Western Mindanao Power Corporation (WMPC) to ensure power for Zamboanga City while waiting for the Zamboanga City Electric Cooperative (Zamcelco) to finish the process of the Investment Management Contract or IMC.

OIC of the SRPI Project, Archie Donato, said the short term solution is the Alsons 10 MW Modular Genset while the medium term solution is to contract power from WMPC and the long term solution is the SRPI’s construction of the coal fired power plant. “While we are doing the IMC process, we are focus on the short term and medium term power supply for Zamboanga City.”

The Energy Regulatory Commission (ERC) already started the hearing for the Alsons 10 MW Modular Genset last August 6 and a second hearing is set by October 1.

For the genset, Zamcelco will have to pay the payment securit. But, “That is not an advance payment. That is payment security in the form of letter of credit hindi yan advance payment.” Donato stressed.

The money will be used for setting up the genset which will require expenses which includes freight from Singapore, customs taxes, transshipment to Zamboanga City, payment to the contractor to put the interconnection lines to commission the units, and the fuel as the genset is diesel powered.

The office is targeting to have the genset running by December hoping that the ERC will issue the provisional authority earlier.

Meanwhile, Zamcelco have already contracted with WMPC where it was signed and submitted to ERC for hearing and the tentative schedule for the first hearing is on September 30.

Zamcelco contracted 50 MW out of the plants 100 MW capacity for 10 years. Recall that WMPC’s contract with the National Power Corporation will end this December 31, 2015.

But included in the provision is when the coal fired power plant of SRPI is in place Zamcelco will have the option to reduce or terminate after five years.

Donato assured that they have given the priority to Zamcelco and the company is firmly committed to deliver their obligation. — R.G. A A. Go