$1.7-B power facilities in Visayas, Luzon readied

Global Business Power Corp. (GBPC) is investing $1.7 billion in power projects in Luzon and Visayas.  The biggest project (the 670-MW coal-fired power plant) is underpinned by a 600-MW contract from Meralco. The other major power projects via GBPC are the 40-MW biomass project (with sugar farm agricultural products as feedstock) in La Carlota City, Negros Occidental, and a 140-MW pumped water project (for supplying peak power demand) in Toledo City, Cebu. Read more here.

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