Zanorte coop signs up with Hedcor to push RE portfolio PDF Print E-mail
Saturday, 11 June 2016 11:45

Zamboanga del Norte is the first province in the region to start a critical shift towards renewable energy with the signing of the bilateral supply contract between AboitizPower and the Zamboanga del Norte Electric Cooperative (Zaneco).

The signing ceremony Wednesday was for an initial 5 MW that will come out of the 68.8 MW Manolo Fortich run of river hydro power plant project being constructed by AboitizPower subsidiary Hedcor in Bukdnon. The power plant is slated for completion in 2017.

AP First Vice President Rochell Donato Gloria also reiterated the company’s commitment to sustain the growth of Mindanao.

“We are here not only to support the growth of Mindanao economically, but also sustainably.”

“Our area is short of power, and with this supply we hope to solve our problem, this time through renewable energy,” Zaneco board president Jesus Eduardo Tayrus Sr., said during the signing ceremony in Dakak Beach Resort.

Zaneco serves the cities of Dipolog and Dapitan and surrounding municipalities in Zamboanga del Norte.

The signing was made amidst a call to push RE in Mindanao after a flurry of coal plant construction in the island. Hedcor, with its 35-year experience in the business hopes electric cooperatives will take advantage of hydro to create a balanced portfolio of energy sources.

“We praise the zealousness of Zaneco in ensuring they get renewable energy to meet the needs of their growing franchise area,” Hedcor assistant vice president Darlene Arguelles said. “We are looking forward to serve other electric cooperative as they strive to push renewable energy into their portfolios.”

Arguelles also said she was confident that Hedcor will “deliver as promised” the supply from the Manolo-Fortich power plant by 2017.

Hedcor owns and operates run-of-river hydro power plants in Benguet, Mt. Province and Davao del Sur. Its power plants combine for around 185-MW of clean and renewable energy.

In Mindanao, Hedcor delivers power to Davao Light and Co. through the Talomo, Sibulan and Tudaya power plants and the Davao del Sur Electric Cooperative (Dasureco) through its Tudaya power plant.

The general manager of Zaneco, Adelmo Laput also praised the cooperative’s partnership with AboitizPower, saying the contract with Hedcor was in the right direction of ensuring that the cooperative maximises renewable energy.

The cooperative has earlier signed supply contracts with AboitizPower subsidiaries Therma South and Therma Marine to secure the baseload and peaking demand of Zamboanga del Norte.