In a briefing Friday, Energy Undersecretary Josefina Patricia M. Asirit said the COA decision issued early this month also outlined certain conditions that should be met to effect the acquisition of the diesel facility from the Iligan city government.
These conditions, Asirit explained, concerned a few turnover and ownership issues as well as transmission concerns. It is expected that Alsons Consolidated will be able to fully operate the facility in six months’ time or by April 2013, in time to address the expected 200-MW power supply shortage in Mindanao.
Asirit added that Alsons Consolidated can also start generating at least 20 MW in two months’ time, before ramping it up to generate at full capacity.
COA approves sale of Iligan diesel power plant
MOST READ
LATEST STORIES
Read more...