Global Business Power Corp. looks to build coal-fired plant in Negros island

Global Business Power Corp. (GBPC) is looking at Negros island as the next site to build a coal-fired power plant after its unit Panay Energy Development Corp. (PEDC) officially launched on Wednesday its 150-megawatt (MW) expansion here.

“In Negros, there are talks there that they wanted to put up a power plant. We’re very much interested,” Jaime T. Azurin, chief financial officer of GBPC, the parent firm of PEDC, said in a press conference after the plant’s switch-on ceremony in Barangay Ingore, La Paz District.

“We have been asked also by the Negros electric cooperatives although we’re looking for a site wherein transmission will not be a problem as well as community acceptance,” said Mr. Azurin, who is also GBPC executive vice-president.

In Negros, GBPC is also planning to put up a biomass power plant with a capacity of around 40 MW, Mr. Azurin said.

The company was also planning a hydroelectric power project in the Visayas, which he said would have a capacity of “definitely more than 100 MW.” He declined to disclose the location of the planned hydro power plant.

Read more here.
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