P50-M Coal-Fired Power Plant Being Built in Pampanga; Paper Firm Sees Much Cheaper Electricity
Byline: FRED ROXAS
MABALACAT, Pampanga Taiwans giant firm Formosa Heavy Industries Corp. (FHIC) is rushing the construction of a R50-million coal-fired power plant in the 46-hectare Trust International Paper Corp. (Tipco) complex in this town.
Tipco executives said that the electric plant project was designed to produce some 50 megawatts of electricity which would be sufficient to supply power need of the paper company which has been paying the National Power Corp. (Napocor) some R100 million in electric bills monthly.
Tipco is Napocors biggest customer in Northern Luzon.
FHIC, which has assets of more than $47.5 billion, has just conducted a one-month training for 30 personnel who will be tasked to operate the coal-fired power plant. Tipco said the plant would be operational by June next year.
The construction of the electric plant started last year after the Department of Environment and Natural Resources (DENR) finally issued the required environmental clearance certificate (ECC). Tipco applied for the ECC as early as 1995.
Tipco executives expressed hope that when the coal-fired power plant becomes operational, the firm would be realizing savings in energy consumptions.
During a recent visit of three environmentally safe and reliable coal-fired power plants in Taiwan, five Clark-based newsmen learned that coal-fired power plants produce very much cheaper electricity compared to the power produced by bunker fuel-operated power electric plants in the Philippines. …