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Wednesday, February 11, 2004
SRP mulled as site for Korean power plant
By Cherry T. Lim
A KOREAN power firm interested in putting up a power plant in Cebu is looking to locate at the South Reclamation Project (SRP), according to a business group head.
“They were here a week ago,” said Cebu Chamber of Commerce and Industry (CCCI) president Carlos Co.
“We talked with the mayor (Tomas Osmeña) about locating the plant in the SRP. And the mayor is open to it,” he told Sun.Star yesterday.
The firm, Korean Electric Power Corp. (Kepco) is now conducting a feasibility study on the project, Co said.
Cebu has been plagued by brownouts, with businessmen calling for more investment in power plants to keep the power supply stable.
Kepco is interested in putting up a modern coal-fired plant, which Co said would no longer be the environmental hazard that such plants once were.
Kepco is the same group that planned to put up a coal-fired plant in Panay, but met resistance by quarters saying the project would pollute the environment.
But Co said the people there were probably just not aware of the strides in modern technology that have drastically improved the environmental compliance of power plants.
To prove that the project will not be a pollutant, Co said Kepco was willing to “bring people to Korea to look at their plant” there.
The CCCI head also reported that in a meeting with Visayan Electric Co., Transco, Cebu Private Power Corp. and National Power Corp. officials yesterday, he had been apprised of the steps taken to stabilize the power supply in Cebu within the year.
By May, a geothermal plant in Negros, which broke down and has not been operational for almost a year, will come back on stream, providing 37 megawatts (MW) of power.
This will relieve the tightness in the power supply in the Cebu-Negros-Panay (CNP) grid.
“Also by May, a 30 megawatt power barge will be sent to Panay (from Luzon). And a 10 megawatt diesel plant will be online in May or June in Panay,” Co said.
In addition, by December, some 100 MW of power is expected from a diesel plant to be transferred to Panay, also from Luzon.
This will likely be enough to tide the CNP over until the first quarter of next year, when 200 MW of power is expected to come in from Leyte.
(February 11, 2004 issue)
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