CAGAYAN DE ORO CITY—A 300-megawatt (MW) power plant currently under construction in Mindanao is nearing completion and is likely to meet its target to start commercial operation in the first half of 2015.
Therma South Inc. (TSI), a wholly owned subsidiary of Aboitiz Power Corp., said in its report to the Department of Energy that the power plant in the boundary of Davao City and Santa Cruz, Davao del Sur, is 90-percent complete as of September.
“We are anticipating the completion of this project, and looking forward to being able to make a significant contribution in alleviating the Mindanao power crisis,” TSI President Benjamin A. Cariaso Jr. said.
Cariaso said the project would provide Mindanao a reliable baseload power plant that will supply its increasing power requirements. Distribution utilities and electric cooperatives in Mindanao have already signed power-supply contracts with TSI as of September. The Energy Regulatory Commission has already approved 13 of the 22 contracts.
Customers with approved contracts can immediately source power from TSI once the plant starts operation.
Once operational, TSI will deliver much-needed power to the major cities of Davao, Cagayan de Oro, Cotabato, Butuan, General Santos, Tagum and Kidapawan.
Agusan and Surigao provinces, Davao region, North and South Cotabato, Sarangani, Misamis provinces, Zamboanga provinces and parts of Bukidnon will also be supplied by TSI.