Saturday, September 27, 2008 Company promises much lower tariff power rates
NEGRENSE consumers are being promised a much lower tariff power rate of P4 per kilowatt hour should a hydroelectric power project in Don Salvador Benedicto in Barangay Igmaya-an is realized.
A subsidiary of Alsons Consolidated Resources Inc., Alto is said to generate an aggregate capacity of 40 megawatts.
Should it be operational in 2013, Alto Power Management Corporation has earmarked an estimate of P3.8-billion budget for the entire Bago River Hydroelectric Power project with the construction to run for four years.
A run-of-the-river type project, this is a clean and sustainable alternative to geothermal power plant, the company said.
In the put up of a hydroelectric project, Alto considers several safety concerns due to the active volcanic activity of the Mt. Kanlaon and its proximity to a faultline, which could precipitate disastrous events.
For technical, geological and safety reasons, Alto also downgraded previous studies conducted by the National Power Corporation which considered dam with reservoir type facilities.
As soon as the provincial government approves the project, Alto said it would proceed with its full feasibility study that would include detailed engineering, economic and environmental assessments to confirm preliminary conclusions and to form the basis for subsequent project implementation.(George dela Cruz)
(September 26, 2008 issue) Write letter to the editor. Click here.
