SRPI seeks to sell 70% of power to Zambo city PDF Print E-mail
Tuesday, 29 January 2013 14:58

Officials of a power plant coming on stream in 2016, plans to sell 70 percent of its output to the city of Zamboanga to address the dire need of the city for electric power and put an end to intermittent blackouts here.

San Ramon Power Inc. Executive Vice President and Chief Operating Officer Tirso G. Santillan Jr. said talks are ongoing between SRPI and Zamboanga City Electric Cooperative on perfecting a contract agreement to sell, an integral and vital component of SRPI’s operation of its 100 megawatt coal fired power plant here.

In talks to newsmen during the Lease contract signing and ground breaking ceremony at the Ecozone site in San Ramon last Monday, the SRPI top honcho said they are looking to give Zamcelco the priority in purchasing electric power from their plant here.

He said while talks are progressing they estimate the offer to Zamcelco to be within the 60-70 megawatt outright sale to the city power cooperative.

Earlier Santillan said Sunday’s event was a milestone for SRPI as the groundbreaking of the power plant site moves all parties into the realization of the power plant operation in Zamboanga City.

Santillan added other than perfecting several contract agreements, it is all systems go for the construction of the coal fired power plant.

He took time to thank the people who help make the contract signing possible, officials of the ZamboEcozone and the city government of Zamboanga.
Santillan added, SRPI will likely have two or more foreign partners who will pour in capital to finance the multi billion peso project.

Present during the signing ceremony and groundbreaking rites were top ZamboEcozone Officials headed by Chairperson Georgina Yu, the city government represented by Mayor Celso Lobregat and other invited guests.

Also on hand to witness the historic signing was 2nd District Rep. Erbie A. Fabian, a former member of the Ecozone board as Congress representative, Vice Mayor Cesar Iturralde, some city councilors and members of the Zamcelco Board headed by President Elbert Atilano.

Also present were the top officials of SRPI to include Jun Contreras, Project Development Manager Archimedes Donato and consultant and former Napocor regional chief Ben Conti.

In earlier interviews, Rep. Fabian said he welcomes the entry of investors pouring funds into developing power sources to come to the city.  

He added for as long as it complies with stringent DENR regulations, the coal fired power plant is a welcome addition to Zamboanga’s power generation sector.

Santillan in his earlier message said the SRPI plant will bring total generating capacity of Alcantara Group power plants will rise to 200 megawatts.

Alsons also operates Western Mindanao Power Plant, a 100-megawatt bunker fuel fired power plant located in Sangali, in the city’s east coast.

Santillan finally disclosed they are hoping a final agreement can be reached by end of next month for them to proceed to the next phase in building the plant.
He added they are still on schedule to meet their timeline of putting the plant into operation by 2016.