Mindanao’s largest power plant, built by FDC Utilities Inc. (FDCUI) of the Gotianun family, is ready to supply the much-needed capacity to boost investments in the region.
FDCUI subsidiary FDC Misamis Power Corp. announced it synchronized the first unit of its 405-megawatt (MW) flagship coal-fired project in Misamis Oriental.
The power plant is expected to start commercial operations “after the completion of reliability tests in the coming weeks,” FDC Misamis head Juan Eugenio Roxas said.
He said over 80 percent of the plant’s net capacity has already been contracted with various distribution utilities and large industrial customers in Mindanao.
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