SRPI selects contractor for 105-MW power plant PDF Print E-mail
Tuesday, 22 January 2013 14:25

The Alcantara Group’s San Ramon Power, Inc. (SRPI) has chosen Daelim Industrial Company, Ltd. of South Korea as the engineering, procurement, and construction (EPC) contactor for SRPI’s 105-megawatt(MW)power plant in San Ramon, Talisayan, Zamboanga City.  The SRPI facility is being built to provide a sustainable and long-term solution to the power shortage currently affecting Zamboanga City and most of Mindanao.  The plant, which was granted an environmental compliance certificate (ECC) in early 2012, is expected to be operational by 2016.(see photo below)

Tomas I. Alcantara, SRPI and Alcantara Group chairman and president; Chul Kyoon Lee, Daelim Industrial Company, Ltd. president; and Hee Youl Park, chairman, Daelim Philippines, Inc.,  signed the EPC contract last December at the New World Hotel in Makati City.

Daelim Industrial Co. Ltd is one of the biggest construction and engineering firms in South Korea with projects in over 24 countries. It is the flagship of the Daelim Group, one of the leading Korean business conglomerates.

Aside from the SRPI plant, the Alcantara Group is in the middle of the construction process for the 105 MW first phase of the Sarangani Energy Corporation (SEC)  power plant in Maasim, Sarangani province.  The SEC plant, with a full two-phase capacity of 210 MW is slated to begin operating by August of 2015.  The Group likewise controls and operates the 100 MW Western Mindanao Power Corporation (WMPC) bunker-fired power plant in Sangali, Zamboanga City and the Southern Philippines Power Corporation (SPPC) 55 MW bunker-fired power plant in Alabel, Sarangani province.

In the 1st quarter of 2012, the Alcantara Group through its subsidiary Mapalad Power Corporation (MPC) was granted by the city government of Iligan the right to acquire the 102 MW Iligan diesel plant. The transfer of ownership is currently undergoing procedural review by the Commission on Audit (COA). Rehabilitation and operation of the Iligan plant will commence once the transfer is finalized.

Apart from power project development and power generation management, the Alcantara Group is also engaged in property development, aquaculture, agribusiness, and services. The group has been an active player in the economic development of Mindanao and the rest of the Philippines for over fifty years.— OC