THE P30-billion coal power plant in Toledo City, Therma Visayas Inc. (TVI), of the Aboitiz Power Corp. is set for completion before the end of 2017.
“Everything is going as planned. We have not encountered problems, whether regulatory, construction, or environmental,” said Aboitiz Power Coal Group Chief Operations Officer (COO) Sebastian Lacson, in an interview on the sidelines of a 300-megawatt coal power plant inauguration in Davao City last week.
Despite some environmental groups’ resistance to coal plants, Lacson said, AboitizPower will continue to operate them using “clean technology.”
TVI, he said, will follow its Davao power plants’ coal dome, the first in the Philippines and Southeast Asia, which provides “a safe and efficient” way to store coal.
Lacson said the Aboitiz Coal Group runs a total capacity of 1,000 megawatts.
“We assure all stakeholders that we would bring in the most modern facilities and would operate under the strictest environmental standards,” said Erramon Aboitiz, chief executive officer (CEO) of AboitizPower.
Construction of TVI, a 340-mw power plant, started in April last year, with Hyundai Engineering Co. Ltd. and Galing Power Energy Co. handling the project.
In the Visayas, AboitizPower in partnership with Sun Edison will inaugurate the 59-mw San Carlos Sun (SaCaSun) solar farm this year in San Carlos City in Negros Occidental. This will become one of the biggest solar power plants in the country by the middle of this year, said Lacson.
The company also announced it is set to start exploration around Mt. Apo and Mt. Sibulan in Mindanao after receiving “unanimous” support from indigenous people’s communities and local government units.
AboitizPower is targeting to enhance its capacity by 2,000 mw by 2020. At present, the company is also the largest provider of renewable energy, with approximately 1,000 mw, representing 40 percent of its capacity.