LISTED ABOITIZ Power Corp. will be providing “clean energy” to the San Fernando Electric Light and Power Co. in Pampanga. In a statement, the company said it had signed a power supply agreement with the Pampanga utility to provide 70 to 90 megawatts (MW) of power from the Tiwi and MakBan geothermal plants. “Part of [...]
Posts Tagged ‘Aboitiz’
Aboitiz inks deal with San Fernando utility (9/27/2010)
Posted in Business World News, tagged Aboitiz, Clean energy, Power supply on September 27, 2010 | Leave a Comment »
Aboitiz to bid on gov’t power plants (9/27/2010)
Posted in Business World News, tagged Aboitiz, IPPA, Privatization on September 27, 2010 | Leave a Comment »
Listed Aboitiz Power Corp. said it is still interested in bidding for the independent power producer administrator (IPPA) contracts of the remaining generation assets of the government. Aboitiz Power president and chief executive Erramon I. Aboitiz told reporters that the company is awaiting the go signal of the Power Sector Assets and Liabilities Management Corp. [...]
Aboitiz proposes four new hydropower plants (4/23/2010)
Posted in Business World News, tagged Aboitiz, Generation, Hydro energy, Investments, Mindanao on September 23, 2010 | Leave a Comment »
Aboitiz unit Hedcor, Inc. is finalizing plans for four more hydroelectric plants with generating capacity of roughly 40 megawatts (MW). Two of the new plants will be along Sibulan River in Sta. Cruz, Davao del Sur, where the company is already operating a 26.5-MW hydropower facility. The other two will be in Compostela Valley and [...]
Aboitiz opens hydro plant, eyes coal (9/17/2010)
Posted in Business World News, tagged Aboitiz, Coal, Generation, Hydro energy, Mindanao on September 17, 2010 | Leave a Comment »
LISTED ABOITIZ Power Corp. opened its new hydroelectric power plant in Davao yesterday, in a bid to meet increasing power demand in the region. The 42.5-megawatt (MW) Sibulan hydropower plant in Davao del Sur was formally launched yesterday with President Benigno Simeon C. Aquino III as guest of honor. Aboitiz Power President and Chief Executive [...]
Aboitiz opens Davao hydro plant (9/16/2010)
Posted in Business World News, tagged Aboitiz, Generation, Hydro energy, Power supply on September 16, 2010 | Leave a Comment »
LISTED ABOITIZ Power Corp. launched its 42.5-megawatt Sibulan hydroelectric power plant in Davao del Sur today. In a statement, Aboitiz Power President and Chief Executive Erramon I. Aboitiz said the plant should help address growing demand for power in Mindanao. “The Sibulan hydropower project is a vital greenfield project for Southern Mindanao. It will deliver [...]
Aboitiz to Sell More Power to Meralco (9/13/2010)
Posted in Manila Bulletin News, tagged Aboitiz, Meralco on September 13, 2010 | Leave a Comment »
Aboitiz Power Corporation, through its subsidiary Therma Luzon, Inc. (TLI), is selling Manila Electric Company (Meralco) an additional 95 megawatts (MW) of power starting later this month. Meralco had earlier requested for added power supply from its Transition Supply Contract (TSC) with the National Power Corporation (NPC), which the latter agreed to provide through its [...]
Davao business group to scrutinize Aboitiz-led utility’s distribution rate hike (9/09/2010)
Posted in Business World News, tagged Aboitiz, Davao City, Power rates, Price hike on September 9, 2010 | Leave a Comment »
DAVAO CITY — The city’s business chamber is studying Davao Light and Power Co.’s decision to increase its rates, noting that its members include some of the utility’s largest consumers. Roberto C. Quinto, president of the Davao City Chamber of Commerce and Industry, said the business community is always wary of increases in power rates. [...]
Steag, Aboitiz to build 150-MW coal plant (6/29/2010)
Posted in Business World News, tagged Aboitiz, Coal, Mindanao, Power supply on June 29, 2010 | Leave a Comment »
DAVAO CITY — Steag State Power, Inc.’s power complex in Misamis Oriental is adding a 150-megawatt plant that will go on stream in 2013 to boost its existing 232-megawatt (MW) capacity, listed Aboitiz Power Corp. said. Aboitiz Power, Evonik Steag GmbH of Germany, and La Filipina Uy Gongco Corp., co-owners of the coal-fired plant, have [...]
Aboitiz Power’s Hedcor planning to build two more ‘run-of-river’ plants in Davao del Sur (6/25/2010)
Posted in Business World News, tagged Aboitiz, Hydro energy, Mindanao, Power supply on June 25, 2010 | Leave a Comment »
The Aboitiz Power Corp.-owned Hedcor, Inc. is building two more “run-of-river” hydropower plants in Sta. Cruz in Davao del Sur. The two projects will tap the Baroring and Sibulan rivers, the company announced yesterday. Feasibility studies on the two projects are still being finalized, and costing and projected output of the two projects have yet [...]
