By Tara Yap
Iloilo City— President Rodrigo Duterte led the formal inauguration of the P14-billion coal-fired power plant in Concepcion town, Iloilo, at Malacañang.
Roel Castro, president of Roel Castro, president of Panay Concepcion Power Corporation (PCPC) that operates the 135-megawatt plant, said Monday’s inauguration was ceremonial.
“We already started operations last August 16,” Castro told Manila Bulletin in a phone interview.
PCPC is a joint venture between Palm Thermal Consolidated Holdings Corporation (PTCHC), a subsidiary of A Brown Co. Inc., and Jin Navitas Resource, Inc.
Castro said the entry of PCPC is essential in powering the energy needs of the continuing development of the Visayas.
PCPC supplies electricity to power distributors not only in Panay Island, but on other major Visayan islands through the National Grid Corporation of the Philippines (NGCP).
Castro said PCPC is supplying electric cooperatives on the islands of Negros, Cebu and Leyte.
The Department of Energy (DOE) predicts the Visayas power demand to continue to rise. From 1,780 MWs for this year, the projected system demand will rise to 1,849 MWs by next year.
By 2020, DOE projects that the Visayas needs 2,042 MWs of electricity.
Key officials in Iloilo attended the ceremonial inauguration at Malacañang. Among them were Iloilo Governor Arthur Defensor Sr., Iloilo 5th District Rep. Raul Tupas, Concepcion Mayor Milliard Villanueva, and the Concepcion Municipal Council.