To boost power supply in the Mindanao grid, Gotianun-led FDC Utilities Inc. will start providing the full capacity of its 3×135-megawatt (MW) coal-fired power plant in Misamis Oriental within this month.
FDC Utilities said its subsidiary FDC Misamis Power Corp. has completed all the three units of its Mindanao power project.
Of the three units, two have already gone online while the third unit scheduled for synchronization within September, the company said.
“To date, FDC Misamis has a generating capacity of 270 MW and is currently supplying over 200 MW into the Mindanao grid. So far, the commissioning test has been running smoothly and we expect to attain the full capacity of 405 MW by this month,” FDC Utilities president and COO Mario Pangilinan said.
He said the project will help Mindanao finally get out of decades-long power crisis, “given its high dependence on hydro power compounded by the increasing frequency of the El Niño phenomenon.”
Long term contractual commitments have been secured for more than 85 percent of the project’s net capacity with various distribution utilities and large industrial customers in Mindanao.
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