Aseagas keeps plant shut | Inquirer Business

Aseagas keeps plant shut

/ 05:12 AM December 05, 2017

Aseagas Corp. is keeping shut its 8.8-megawatt biomass plant in Batangas due to the unavailability of input from its supplier, according to its parent firm Aboitiz Power Corp.

AboitizPower wholly owns Aseagas through Aboitiz Renewables Inc., the former’s holding company for its investments in renewable energy.

Aseagas first sent notice of the plant’s temporary shutdown on Nov. 24, citing the lack of supply of organic effluent wastewater from Absolut Distillers Inc.

Article continues after this advertisement

Yesterday, AboitizPower said the shutdown was being maintained “(a)fter evaluating the circumstances and the ongoing technical problems relating to the plant’s fuel stock and digester components.”

FEATURED STORIES

The move will also allow Aseagas to determine the appropriate way forward, the parent firm said.

“This continued shutdown will allow us to look at our options, taking into consideration the interests of all our stakeholders,” AboitizPower president and chief operating officer Antonio R. Moraza said in a statement.

Article continues after this advertisement

“Despite these challenges, our other projects are progressing as planned,” Moraza added.

He said about 500 MW of attributable capacity, mainly from baseload and hydropower plants, would come online in 2018.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Aboitiz Power Corp., aseagas corp.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.