Tuesday 22 May
Powered by Ajaxy
Aug 16, 2017 @ 14:39

Mine-mouth coal plant to rise in Semirara Island

 

Semirara Mining and Power Corp. (SMPC) of the Consunji family and the Department of Energy (DOE) have signed a memorandum of understanding (MOU) for the development of a mine-mouth power plant in Antique.

SMPC will construct a mine-mouth plant with a capacity of up to 50 megawatt (MW) in Semirara Island and the National Transmission Corp. (Transco) will enable the construction of the transmission lines.

Meanwhile, the DOE will endorse the power project as an Energy Project of National Significance under Executive Order No. 30 issued by President Rodrigo Duterte last June.

“We assisted the development of a mine-mouth coal-fired power plant or a power plant using indigenous coal as fuel to address the growth in the baseload demand and required reserves of Semirara Island along with the other neighboring islands and provinces,” Energy Secretary Alfonso Cusi said.

“It will provide reliable, secured and much more affordable power to Occidental and Oriental Mindoro, Marinduque and Romblon, and even Palawan, which already signified interest,” he added.

Tags: , , ,

Related Stories
Semirara Mining and Power Corp. (SMPC) of the Consunji Group is looking to complete the
Semirara Mining and Power Corp. (SMPC) obtained the Securities and Exchange Commission's approval to raise
Integrated energy company Semirara Mining and Power Corp. (SMPC) is poised to increase its coal
Stock prices going up and a double digit growth in 2016 - it's been a


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.