Wednesday, September 9, 2009

$30M Power Barges to Ensure Mindanao's Power Supply

Aboitiz Power Corporation has recently purchase two power barges worth $30 million to ensure Mindanao's power supply within the next few year.

This was bared byAboitiz Power President and Chief Executive Officer Erramon Aboitiz during a press conference held at The Marco Polo Davao yesterday.

"These two power barges are expected to play a key role in ensuring power supply in Mindanao," Aboitiz said. Mindanao's power supply is predominantly sourced from hydropower, he added, but in case of El Nino or if the water dries up then the barges will come very useful.

The two power barges, which are currently operational and located in Agusan and Maco, Pantukan in Compostela Valley Province, will be able to deliver 200 megawatts.

“Clearly power shortage is a threat,” Aboitiz said. “The two power barges will take care of it. The power barges are a good stopgap measure.”

A Power Summit is being planned for November this year to prepare for any power crisis in Mindanao which, according to the Mindanao Business Council, is already feeling the crisis. The power crisis in Mindanao has also been confirmed by Department of Energy undersecretary Zamzamin Ampatuan.

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