Pampanga and Palawan are set to receive new sources of power thanks to two power projects by Vivant Energy Corp. (VEC) and Gigawatt Power Inc. (GPI), which will break ground in early 2022.
According to GPI President Walden Tantuico, a 3 x 5.76-megawatt (MW) diesel-fueled power plant is scheduled to start construction in Porac, Pampanga in the first half of next year. Meanwhile, hybrid plants in Culion and Linapacan Islands will begin in the first quarter of 2022.
“For the Pelco 2 [Pampanga II Electric Cooperative] project, I think construction will already be starting soon, first half of 2022. The same goes for Culion and Linapacan projects as well, within the first quarter of next year. Those two are in the immediate pipeline” Tantuico said.
Cost-wise, VEC Executive Vice President and Chief Operating Officer Emil Andre Garcia said “around P800 million” will be used for Culion while PELCO is valued at “around P1.1 billion.”
“We’re also looking at the power needs of PALECO and Puerto Princesa as well. Another project I’d like to highlight is Culion with BISELCO [Busuanga Island Electric Cooperative]. We’re hoping to break ground by early next year. That plant really excites us because that’s a hybrid plant that we’re developing in Culion and Linapacan,” he explained.
Apart from these projects, Garcia revealed that VEC is undertaking an aggressive expansion when it comes to Renewable Energy (RE). The company previously announced its goal of hitting 30 percent RE by 2030.
“We want to have at least 30 percent of our portfolio on RE. So, over the next couple of years, we want to build over 300 megawatts of renewable plants, particularly solar and wind,” he said.
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