Business: Hasten Zambo Electric Plant

Worried that the debilitating power supply crisis in Mindanao would curb further economic growth and result in major cutbacks in earnings and employment, major business groups in the Zamboanga peninsula have issued an urgent appeal to the national government to ensure that the P12-billion 100-megawatt San Ramon Power Plant in Zamboanga City could be made to start operating by 2015, or a year ahead of schedule.

In a resolution passed during the 8th Zamboanga Peninsula Business Conference held in Ozamiz City last July 18-19, the Zamboanga Peninsula Chapter of the Philippine Chamber of Commerce and Industry (PCCI) and the Zamboanga Peninsula Business Council - composed of the chambers of commerce in Zamboanga City, Ozamiz City, Isabela City, Pagadian, Dipolog, Sulu, Basilan, and Misamis Occidental, reiterated earlier recommendations by economic experts that sustaining the growth of business, and thus employment for the people in the area, require securing a reliable baseload supply of electricity.

"The economic progress and the improvement of the quality of life of the people of Zamboanga City and the rest of the Peninsula are heavily dependent on a reliable source of baseload power," said Atty. Arsenio Gonzalez, Jr. - a director of the Zamboanga City Chamber of Commerce and former Vice Chairman of the Zamboanga Peninsula Regional Development Council.

The business groups pushed for an earlier completion and start of operation by 2015 of the San Ramon coal-fired power plant, estimated to cost P12 billion. The coal-fired power plant was originally scheduled to come online by 2016 yet.

Regional economic centers in Mindanao, including Zamboanga City and the rest of the Zamboanga peninsula, have suffered from daily power outages in the summer of 2010 and 2012 mainly because of the greatly reduced power generating capacity of the Agus and Pulangi hydroelectric power facilities that currently supply more than half of Mindanao's electricity requirement.

The Business Conference resolution called for the full rehabilitation of the Agus and Pulangi plants as well as the interconnection of the Mindanao Grid with the Luzon-Visayas Grid by 2013 and the Intra-ASEAN Grid by 2017.

The San Ramon coal-fired power plant is is being developed and will be operated by San Ramon Power, Inc. (SRPI) - a wholly owned subsidiary of Alsons Consolidated Resources (ACR) -- the publicly-listed holding company of the Mindanao-focused Alcantara Group.

The Alcantara Group also operates the 100-MW Western Mindanao Power Corporation (WMPC) diesel power plant in Sangali, Zamboanga City and the 55-MW Southern Philippines Power Corporation (SPPC) diesel plant in Alabel, Sarangani. The group has also recently reacquired ownership of the 102-MW Iligan Diesel Power Plant which will come back into operation once turnover has been completed. The Alcantara Group has likewise commenced construction of a 200-MW coal-fired power facility in Maasim, Sarangani that will be operational by 2015.

Loading...

Editor’s note:Yahoo Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

  • Philippines accuses China of turning water cannon on its fishing boats

    Filipino activists denounced China's coast guard on Tuesday for turning water cannon on Philippine fishing boats in disputed waters, near where hundreds of Filipino and American Marines landed on a beach in a mock assault.     The presidential palace in Manila said China's coast guard used water cannon on Monday to drive away a group of Filipino fishermen at Scarborough Shoal, damaging some of their wooden boats. Chinese ships rammed a fishing boat in the area a few months back. China in …

  • Pacmania sweeps Philippines ahead of Mayweather clash
    Pacmania sweeps Philippines ahead of Mayweather clash

    Manny Pacquiao's face is on shirts, dolls and postage stamps, his life story is playing in movie houses and millions are getting ready to party as the Philippine boxing hero's "fight of the century" nears. Pacmania is sweeping the Southeast Asian nation of 100 million people ahead of the May 2 Las Vegas bout against unbeaten Floyd Mayweather to decide who is the best boxer of their generation. Of course, it's the fight of the century," Manila film producer Lucky Blanco told AFP. …

  • Ex-Cavite governor gets PCSO top post
    Ex-Cavite governor gets PCSO top post

    After nearly a year, President Aquino finally made good his promise to a long-time ally – former Cavite governor and congressman Erineo Maliksi – to head the Philippine Charity Sweepstakes Office (PCSO), replacing Margarita Juico who resigned in May 2014. Maliksi must be officially elected by the PCSO board members as their chairman. Prior to his appointment to the PCSO, Maliksi faced graft charges before the Sandiganbayan in connection with the alleged illegal purchase of P2.5 million worth …

  • US, Phl military exercises to focus on sea defense
    US, Phl military exercises to focus on sea defense

    A massive deployment of aircraft, personnel and warships characterizes this year’s Balikatan between the two allies, which war games were launched 30 years ago. Commander Lued Lincuna, Philippine Navy public affairs chief, said the Marine Battalion Landing Team-4 (MBLT-4) will link  up with the US 3rd Marine Expeditionary Force. …

  • P-Noy seeking united Asean stand on China
    P-Noy seeking united Asean stand on China

    With China’s actions threatening to “considerably alter the way of doing business globally,” President Aquino will ask the Association of Southeast Asian Nations (ASEAN) to take a united stand against Beijing’s massive reclamation activities and other provocative acts in the West Philippine Sea and South China Sea. Aquino will raise the appeal to his ASEAN counterparts when they meet on April 27-28 in Kuala Lumpur and Langkawi in Malaysia. Beijing reacted immediately to the plan, saying the …

  • OIC exec backs BBL, says passage to end extremism
    OIC exec backs BBL, says passage to end extremism

    The Organization of Islamic Cooperation (OIC) yesterday backed the proposed Bangsamoro Basic Law (BBL), warning that failure to see the peace process through with the Moro Islamic Liberation Front (MILF) could open the door to extremism. OIC secretary-general Iyad Bin Amin Madani, who is in the country to rally support for the peace process and the BBL, told reporters at the Senate yesterday that the Philippines should not waste the opportunity to attain lasting peace in Mindanao, especially …

  • Senate plan to probe corruption in judiciary opposed
    Senate plan to probe corruption in judiciary opposed

    The head of the Integrated Bar of the Philippines (IBP) is opposing the plan of the Senate to investigate alleged “justice for sale” in the judiciary. In an interview yesterday, IBP national president Vicente Joyas contested the pronouncement of Senate President Franklin Drilon that the Senate Blue Ribbon committee can probe the reported corruption in the judiciary, as it remains part of the scope of the Senate’s investigative power. “The plan of the Senate to push through with the …

  • PNP: Floyd camp charging P.2 M for pay-per-view
    PNP: Floyd camp charging P.2 M for pay-per-view

    The camp of Floyd Mayweather is reportedly charging the Philippine National Police P200,000 for a pay-per-view deal of his fight with Manny Pacquiao, a PNP official said yesterday. Director Danilo Constantino, the PNP’s Chief Directorial Staff, said the cost of the pay-per-view for the fight makes it difficult for the PNP to sponsor the free viewing for its personnel and their dependents at Camp Crame’s multi-purpose center. “We are currently negotiating for the pay-per-view and we ever …

POLL

Should Aquino be held accountable over the Mamasapano operations?

Loading...
Poll Choice Options